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

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) saw an uptick in trading volume on Friday . 177,671 shares changed hands during mid-day trading, an increase of 246% from the previous session’s volume of 51,389 shares.The stock last traded at $78.34 and had previously closed at $78.46.

SPDR S&P Global Infrastructure ETF Stock Down 0.5%

The company’s fifty day simple moving average is $76.42 and its 200 day simple moving average is $72.51. The firm has a market capitalization of $885.64 million, a PE ratio of 20.11 and a beta of 0.67.

Institutional Trading of SPDR S&P Global Infrastructure ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. TOWER TRUST & INVESTMENT Co lifted its holdings in SPDR S&P Global Infrastructure ETF by 53.6% in the fourth quarter. TOWER TRUST & INVESTMENT Co now owns 189,670 shares of the company’s stock worth $13,233,000 after buying an additional 66,182 shares during the period. Lowe Wealth Advisors LLC lifted its holdings in SPDR S&P Global Infrastructure ETF by 36.1% in the third quarter. Lowe Wealth Advisors LLC now owns 38,266 shares of the company’s stock worth $2,663,000 after buying an additional 10,154 shares during the period. Copia Wealth Management lifted its holdings 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 buying an additional 158 shares during the period. Farther Finance Advisors LLC increased its stake in shares of SPDR S&P Global Infrastructure ETF by 5,749.0% during the fourth quarter. Farther Finance Advisors LLC now owns 11,230 shares of the company’s stock valued at $784,000 after purchasing an additional 11,038 shares in the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in shares of SPDR S&P Global Infrastructure ETF during the fourth quarter valued at approximately $31,000.

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.