SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Sees Unusually-High Trading Volume – What’s Next?

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) saw strong trading volume on Wednesday . 37,673 shares were traded during trading, an increase of 5% from the previous session’s volume of 35,774 shares.The stock last traded at $62.74 and had previously closed at $62.27.

SPDR S&P Global Infrastructure ETF Price Performance

The stock has a market cap of $505.14 million, a price-to-earnings ratio of 19.62 and a beta of 0.72. The business’s 50 day moving average is $60.99 and its 200 day moving average is $61.14.

Institutional Investors Weigh In On SPDR S&P Global Infrastructure ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its holdings in shares of SPDR S&P Global Infrastructure ETF by 193.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,111 shares of the company’s stock worth $69,000 after buying an additional 732 shares during the last quarter. Lowe Wealth Advisors LLC lifted its position in shares of SPDR S&P Global Infrastructure ETF by 31.4% during the fourth quarter. Lowe Wealth Advisors LLC now owns 6,255 shares of the company’s stock worth $370,000 after purchasing an additional 1,493 shares in the last quarter. Whittier Trust Co. boosted its holdings in SPDR S&P Global Infrastructure ETF by 716.5% in the fourth quarter. Whittier Trust Co. now owns 939 shares of the company’s stock valued at $56,000 after purchasing an additional 824 shares during the last quarter. Finally, Northwest Bank & Trust Co increased its position in shares of SPDR S&P Global Infrastructure ETF by 0.9% in the 4th quarter. Northwest Bank & Trust Co now owns 119,080 shares of the company’s stock worth $7,535,000 after purchasing an additional 1,114 shares during the last quarter.

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.