SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $60.89 and traded as high as $61.28. SPDR S&P Global Infrastructure ETF shares last traded at $60.49, with a volume of 28,049 shares changing hands.

SPDR S&P Global Infrastructure ETF Trading Down 2.0 %

The company’s 50-day moving average is $60.89 and its 200 day moving average is $60.10. The stock has a market capitalization of $450.65 million, a PE ratio of 20.94 and a beta of 0.67.

Institutional Trading of SPDR S&P Global Infrastructure ETF

Several large investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC increased its stake in shares of SPDR S&P Global Infrastructure ETF by 419.0% in the third quarter. Flow Traders U.S. LLC now owns 68,924 shares of the company’s stock worth $4,252,000 after acquiring an additional 55,643 shares during the period. Northwest Bank & Trust Co purchased a new stake in SPDR S&P Global Infrastructure ETF in the third quarter valued at $7,276,000. Lowe Wealth Advisors LLC grew its position in SPDR S&P Global Infrastructure ETF by 666.8% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 4,762 shares of the company’s stock worth $294,000 after purchasing an additional 4,141 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of SPDR S&P Global Infrastructure ETF by 193.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,111 shares of the company’s stock valued at $69,000 after buying an additional 732 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.