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

Shares of SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) saw unusually-strong trading volume on Tuesday . Approximately 68,836 shares traded hands during mid-day trading, an increase of 11% from the previous session’s volume of 62,058 shares.The stock last traded at $75.13 and had previously closed at $74.94.

SPDR S&P Global Infrastructure ETF Trading Up 0.2%

The stock has a market capitalization of $931.24 million, a P/E ratio of 20.11 and a beta of 0.62. The business has a fifty day simple moving average of $75.70 and a 200 day simple moving average of $75.92.

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

Several hedge funds have recently modified their holdings of GII. Jones Financial Companies Lllp increased its position 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 valued at $726,000 after acquiring an additional 7,435 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of SPDR S&P Global Infrastructure ETF in the 2nd quarter worth about $1,089,000. JPMorgan Chase & Co. grew its position in 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 valued at $699,000 after buying an additional 8,898 shares during the period. Eagle Bay Advisors LLC bought a new stake in SPDR S&P Global Infrastructure ETF in the fourth quarter worth about $31,000. Finally, Farther Finance Advisors LLC boosted its stake in SPDR S&P Global Infrastructure ETF by 5,749.0% in the fourth quarter. Farther Finance Advisors LLC now owns 11,230 shares of the company’s stock valued at $784,000 after acquiring an additional 11,038 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. 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.