SPDR S&P Global Infrastructure ETF (NYSEARCA:GII – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 231,640 shares, a growth of 214.8% from the July 30th total of 73,588 shares. Based on an average trading volume of 38,822 shares, the days-to-cover ratio is currently 6.0 days. Approximately 1.9% of the company’s stock are short sold.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Trust Co. of Vermont purchased a new stake in shares of SPDR S&P Global Infrastructure ETF during the second quarter valued at approximately $27,000. Parallel Advisors LLC increased its position in shares of SPDR S&P Global Infrastructure ETF by 168.7% during the fourth quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock valued at $56,000 after acquiring an additional 506 shares in the last quarter. Copia Wealth Management raised its holdings in SPDR S&P Global Infrastructure ETF by 18.5% in the 4th quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock worth $71,000 after acquiring an additional 158 shares during the last quarter. JPMorgan Chase & Co. raised 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 worth $699,000 after acquiring an additional 8,898 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in SPDR S&P Global Infrastructure ETF by 174.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock worth $726,000 after acquiring an additional 7,435 shares during the last quarter.
SPDR S&P Global Infrastructure ETF Stock Performance
Shares of GII traded down $0.68 during trading hours on Thursday, hitting $74.69. The company had a trading volume of 16,507 shares, compared to its average volume of 59,702. The stock has a market capitalization of $926.16 million, a price-to-earnings ratio of 20.11 and a beta of 0.62. The firm has a fifty day moving average price of $75.73 and a 200-day moving average price of $76.10. SPDR S&P Global Infrastructure ETF has a 52-week low of $67.57 and a 52-week high of $78.95.
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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