SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Shares Break Above Two Hundred Day Moving Average – Here’s What Happened

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $75.02 and traded as high as $75.86. SPDR S&P Global Infrastructure ETF shares last traded at $75.76, with a volume of 13,267 shares traded.

SPDR S&P Global Infrastructure ETF Stock Performance

The company has a fifty day simple moving average of $72.66 and a 200-day simple moving average of $75.06. The company has a market capitalization of $959.25 million, a PE ratio of 19.93 and a beta of 0.60.

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

An institutional investor recently bought a new position in SPDR S&P Global Infrastructure ETF stock. Harbour Investments Inc. bought a new stake in SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,338 shares of the company’s stock, valued at approximately $94,000.

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. 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.