Embracing Bullish Momentum: SPDR S&P Global Infrastructure ETF Riding High Post 200 Day Moving Average Cross

Avatar photo

Positive Movement: GII Surpasses 200 Day Moving Average

Traversing the tumultuous waters of the market on Friday, shares of the SPDR S&P Global Infrastructure ETF (Symbol: GII) triumphantly surged above their 200-day moving average of $51.95, soaring as high as $51.97 per share. As the day unfolded, SPDR S&P Global Infrastructure shares displayed resilience and vigor, currently up about 0.2% on the day. The chart displayed below aptly illustrates the one-year performance of GII shares, juxtaposed with its 200-day moving average:

SPDR S&P Global Infrastructure 200 Day Moving Average Chart

Sturdy Performance: GII’s Resilience Unveiled

Shedding light on GII’s journey, the low point in its 52-week range stands at $46.07 per share, echoing the ebbs and flows of the market, while the $56.13 mark shines bright as the 52-week pinnacle — a testament to the stock’s mettle. In the most recent trade, GII boasted a robust $52.04, standing tall amidst the winds of change.

Click here to unravel the story of 9 other ETFs that recently conquered their 200-day moving average »

Additionally Explored:

• Peering into the Institutional Holders of LCFY
• A Glimpse at Sherwin-Williams Average Annual Return
• Navigating the Terrain of AbbVie 13F Filers

The views and opinions shared herein are a reflection of the author’s perspective and do not necessarily mirror those of Nasdaq, Inc.

The free Daily Market Overview 250k traders and investors are reading

Read Now