SPDR S&P Global Infrastructure ETF (NYSEARCA:GII – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 231,640 shares, an increase of 214.8% from the July 30th total of 73,588 shares. Based on an average daily volume of 38,822 shares, the short-interest ratio is presently 6.0 days. Currently, 1.9% of the shares of the stock are sold short.
SPDR S&P Global Infrastructure ETF Stock Down 0.8%
GII traded down $0.61 during trading on Friday, reaching $73.98. The stock had a trading volume of 19,038 shares, compared to its average volume of 59,478. The stock has a 50 day moving average of $75.71 and a two-hundred day moving average of $76.10. The firm has a market capitalization of $917.35 million, a price-to-earnings ratio of 20.11 and a beta of 0.62. SPDR S&P Global Infrastructure ETF has a 1-year low of $67.57 and a 1-year high of $78.95.
Institutional Trading of SPDR S&P Global Infrastructure ETF
Several institutional investors have recently modified their holdings of the company. Trust Co. of Vermont bought a new position in SPDR S&P Global Infrastructure ETF during the second quarter valued at about $27,000. Parallel Advisors LLC raised its position in SPDR S&P Global Infrastructure ETF by 168.7% in the fourth quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock worth $56,000 after acquiring an additional 506 shares in the last quarter. Copia Wealth Management raised its position in SPDR S&P Global Infrastructure ETF by 18.5% in the fourth quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock worth $71,000 after acquiring an additional 158 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in SPDR S&P Global Infrastructure ETF by 775.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock valued at $699,000 after acquiring an additional 8,898 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in SPDR S&P Global Infrastructure ETF in the 2nd quarter valued at about $1,089,000.
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.
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