SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII)’s stock price passed 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 trading hands.

SPDR S&P Global Infrastructure ETF Stock Performance

The stock’s 50-day simple moving average is $61.79 and its two-hundred day simple moving average is $58.67. The stock has a market cap of $470.76 million, a price-to-earnings ratio of 20.94 and a beta of 0.67.

Hedge Funds Weigh In On SPDR S&P Global Infrastructure ETF

Hedge funds have recently made changes to their positions in the business. Lynx Investment Advisory acquired a new position in shares of SPDR S&P Global Infrastructure ETF during the second quarter worth approximately $31,000. Lowe Wealth Advisors LLC bought a new position in SPDR S&P Global Infrastructure ETF during the second quarter worth about $34,000. Rathbones Group PLC raised its holdings in SPDR S&P Global Infrastructure ETF by 2.1% during the 2nd quarter. Rathbones Group PLC now owns 44,831 shares of the company’s stock worth $2,450,000 after buying an additional 914 shares during the period. Flow Traders U.S. LLC raised its holdings in shares of SPDR S&P Global Infrastructure ETF by 419.0% during the third quarter. Flow Traders U.S. LLC now owns 68,924 shares of the company’s stock worth $4,252,000 after acquiring an additional 55,643 shares during the period. Finally, Northwest Bank & Trust Co bought a new stake in shares of SPDR S&P Global Infrastructure ETF in the third quarter valued at about $7,276,000.

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.