SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Stock Crosses Above 50-Day Moving Average – Time to Sell?

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $60.37 and traded as high as $61.91. SPDR S&P Global Infrastructure ETF shares last traded at $61.38, with a volume of 44,348 shares.

SPDR S&P Global Infrastructure ETF Trading Down 0.4 %

The company’s 50 day moving average price is $60.37 and its two-hundred day moving average price is $60.47. The stock has a market cap of $457.28 million, a P/E ratio of 20.94 and a beta of 0.67.

Institutional Investors Weigh In On SPDR S&P Global Infrastructure ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GII. Whittier Trust Co. increased its holdings in SPDR S&P Global Infrastructure ETF by 716.5% in the 4th quarter. Whittier Trust Co. now owns 939 shares of the company’s stock worth $56,000 after acquiring an additional 824 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in 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 in the last quarter. Lowe Wealth Advisors LLC grew its holdings in SPDR S&P Global Infrastructure ETF by 31.4% during the 4th quarter. Lowe Wealth Advisors LLC now owns 6,255 shares of the company’s stock valued at $370,000 after buying an additional 1,493 shares in the last quarter. Finally, Flow Traders U.S. LLC grew its holdings in SPDR S&P Global Infrastructure ETF by 419.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 68,924 shares of the company’s stock valued at $4,252,000 after buying an additional 55,643 shares in the last quarter.

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.