SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Sees Large Volume Increase – Here’s What Happened

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) saw an uptick in trading volume on Tuesday . 45,518 shares were traded during trading, a decline of 30% from the previous session’s volume of 64,654 shares.The stock last traded at $75.63 and had previously closed at $75.95.

SPDR S&P Global Infrastructure ETF Stock Performance

The firm has a 50-day moving average of $75.70 and a 200-day moving average of $75.31. The firm has a market capitalization of $922.81 million, a P/E ratio of 20.11 and a beta of 0.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new stake in SPDR S&P Global Infrastructure ETF during the 4th quarter valued at $31,000. Parallel Advisors LLC raised its stake in shares of SPDR S&P Global Infrastructure ETF by 168.7% during the fourth quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock valued at $56,000 after acquiring an additional 506 shares during the last quarter. Copia Wealth Management raised its stake in shares of SPDR S&P Global Infrastructure ETF by 18.5% during the fourth quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock valued at $71,000 after acquiring an additional 158 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of SPDR S&P Global Infrastructure ETF by 775.1% during the third quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock worth $699,000 after purchasing an additional 8,898 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in shares of SPDR S&P Global Infrastructure ETF by 174.1% during the first quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock worth $726,000 after purchasing an additional 7,435 shares during the period.

About SPDR S&P Global Infrastructure ETF

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. The Index is a composite of the Macquarie Global Infrastructure Index (MGII), which is based on 255 stocks in the FTSE Global Equity Index Series.