SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Sees Strong Trading Volume – Here’s Why

SPDR S&P Global Infrastructure ETF (NYSEARCA:GIIGet Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 53,429 shares were traded during trading, an increase of 79% from the previous session’s volume of 29,766 shares.The stock last traded at $71.0490 and had previously closed at $70.96.

SPDR S&P Global Infrastructure ETF Trading Up 0.2%

The company has a market capitalization of $643.46 million, a P/E ratio of 20.11 and a beta of 0.73. The firm’s 50 day moving average price is $69.60 and its two-hundred day moving average price is $67.90.

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

Several hedge funds have recently bought and sold shares of GII. Cornerstone Planning Group LLC acquired a new stake in shares of SPDR S&P Global Infrastructure ETF in the third quarter valued at approximately $37,000. Advisors Preferred LLC bought a new stake in SPDR S&P Global Infrastructure ETF in the 2nd quarter valued at $46,000. Copia Wealth Management bought a new stake in SPDR S&P Global Infrastructure ETF in the 2nd quarter valued at $49,000. JPMorgan Chase & Co. lifted its holdings in SPDR S&P Global Infrastructure ETF by 775.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock valued at $699,000 after purchasing an additional 8,898 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in 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

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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.

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