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

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) shares saw strong trading volume on Wednesday . 102,220 shares traded hands during mid-day trading, an increase of 241% from the previous session’s volume of 30,004 shares.The stock last traded at $70.2090 and had previously closed at $70.18.

SPDR S&P Global Infrastructure ETF Stock Down 0.0%

The stock has a market capitalization of $635.04 million, a PE ratio of 20.11 and a beta of 0.73. The stock has a fifty day moving average of $70.32 and a 200-day moving average of $68.64.

Institutional Trading of SPDR S&P Global Infrastructure ETF

A number of large investors have recently made changes to their positions in GII. Rathbones Group PLC lifted its stake in SPDR S&P Global Infrastructure ETF by 12.2% in the first quarter. Rathbones Group PLC now owns 49,267 shares of the company’s stock worth $3,055,000 after acquiring an additional 5,357 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of SPDR S&P Global Infrastructure ETF by 174.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock valued at $726,000 after purchasing an additional 7,435 shares during the last quarter. Lowe Wealth Advisors LLC raised its holdings in shares of SPDR S&P Global Infrastructure ETF by 56.9% in the 2nd quarter. Lowe Wealth Advisors LLC now owns 28,112 shares of the company’s stock valued at $1,893,000 after purchasing an additional 10,197 shares in the last quarter. Copia Wealth Management purchased a new stake in shares of SPDR S&P Global Infrastructure ETF during the 2nd quarter worth $49,000. Finally, Advisors Preferred LLC acquired a new position in shares of SPDR S&P Global Infrastructure ETF during the second quarter worth $46,000.

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.