SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Stock Passes Above 200 Day Moving Average – What’s Next?

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $58.67 and traded as high as $63.30. SPDR S&P Global Infrastructure ETF shares last traded at $63.19, with a volume of 40,753 shares changing hands.

SPDR S&P Global Infrastructure ETF Trading Up 0.3 %

The stock’s fifty day moving average price is $61.79 and its 200 day moving average price is $58.67. The stock has a market cap of $470.76 million, a P/E ratio of 20.94 and a beta of 0.67.

Institutional Trading of SPDR S&P Global Infrastructure ETF

Several institutional investors have recently bought and sold shares of GII. Northwest Bank & Trust Co purchased a new stake in SPDR S&P Global Infrastructure ETF in the third quarter worth approximately $7,276,000. Lowe Wealth Advisors LLC boosted its stake in shares of SPDR S&P Global Infrastructure ETF by 666.8% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 4,762 shares of the company’s stock worth $294,000 after buying an additional 4,141 shares during the last quarter. Rathbones Group PLC grew its holdings in shares of SPDR S&P Global Infrastructure ETF by 2.1% in the second quarter. Rathbones Group PLC now owns 44,831 shares of the company’s stock worth $2,450,000 after acquiring an additional 914 shares during the period. Lynx Investment Advisory purchased a new stake in SPDR S&P Global Infrastructure ETF during the second quarter valued at $31,000. Finally, Flow Traders U.S. LLC lifted its holdings in SPDR S&P Global Infrastructure ETF by 419.0% in the third quarter. Flow Traders U.S. LLC now owns 68,924 shares of the company’s stock valued at $4,252,000 after acquiring an additional 55,643 shares during the period.

SPDR S&P Global Infrastructure ETF Company Profile

SPDR S&P Global Infrastructure ETF (the Fund), formerly SPDR FTSE/Macquarie Global Infrastructure 100 ETF, seeks to replicate as closely as possible the total return performance of the Macquarie Global Infrastructure 100 Index (the Index). The Index, calculated by FTSE, is designed to reflect the stock performance of companies within the infrastructure industry, principally those engaged in management, ownership and operation of infrastructure and utility assets.