SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Reaches New 1-Year High – Here’s What Happened

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $72.27 and last traded at $72.27, with a volume of 1874 shares traded. The stock had previously closed at $71.50.

SPDR S&P Global Infrastructure ETF Trading Down 0.2%

The business’s fifty day moving average price is $70.51 and its two-hundred day moving average price is $69.59. The firm has a market cap of $712.04 million, a P/E ratio of 20.11 and a beta of 0.73.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GII. Eagle Bay Advisors LLC bought a new position in shares of SPDR S&P Global Infrastructure ETF in the fourth quarter valued at approximately $31,000. Cornerstone Planning Group LLC bought a new position in SPDR S&P Global Infrastructure ETF in the 3rd quarter worth $37,000. Advisors Preferred LLC acquired a new position in SPDR S&P Global Infrastructure ETF during the 2nd quarter worth $46,000. Copia Wealth Management bought a new stake in SPDR S&P Global Infrastructure ETF during the second quarter valued at about $49,000. Finally, JPMorgan Chase & Co. grew its position in shares of SPDR S&P Global Infrastructure ETF by 775.1% in the third 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.

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.