STXCTY - Satrix Smart City Infrastructure ETF

Mar 24, 2023 at 17:41 Twitter · Facebook

STXCTY share price on Johannesburg Stock Exchange

The Satrix Smart City Infrastructure Feeder ETF is a portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. The ETF provides investors exposure to developed and emerging market companies that provide services and solutions for development and efficient running of Smart City infrastructure in a sustainable manner.

Launched in June 2013, the STOXX Global Smart City Infrastructure Index tracks the performance of companies deploying the physical structures and facilities needed as urban development gets more intelligent and efficiency-focused. As such, the index targets two global thematic trends: that of smart cities and of infrastructure. As cities in the digital era are faced with expanding populations, limited natural resources, rapidly changing technology and the need to protect the environment, new facilities are required to address challenges and exploit innovative means of transport, housing, energy, waste management and communications. The index constituents are weighted by the security free-float adjusted market capitalization calculated based on the Foreign Inclusion Factor and subject to Foreign Ownership Limits.

Satrix Smart City Infrastructure ETF is listed on the Johannesburg Stock Exchange (JSE) since July 26th, 2022. Satrix Smart City Infrastructure ETF is traded on the JSE under the ticker symbol “STXCTY”. The International Securities Identification Number (ISIN) of JSE:STXCTY is ZAE000311577. Satrix Smart City Infrastructure ETF is currently the 408th most valuable stock on the JSE with a market capitalization of ZAR 16.4 million, which is about 0.0001% of the Johannesburg Stock Exchange equity market.

STXCTY Stock Market Performance

The current share price of Satrix Smart City Infrastructure ETF (STXCTY) is ZAR 55.62. STXCTY closed its last trading day (Thursday, March 23, 2023) at 56.75 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.8% drop from its previous closing price of 57.22 ZAR. Satrix Smart City Infrastructure ETF began the year with a share price of 49.95 ZAR and has since gained 11.4% on that price valuation, ranking it 56th on the JSE in terms of year-to-date performance.

Satrix Smart City Infrastructure ETF is the 333rd most traded stock on the Johannesburg Stock Exchange over the past three months (Dec 22, 2022 - Mar 24, 2023). STXCTY has traded a total volume of 181,623 shares—in 137 deals—valued at ZAR 10 million over the period, with an average of 2,883 traded shares per session. A volume high of 112,869 was achieved on January 30th for the same period. The table below details the last 10 trading days of activity of Satrix Smart City Infrastructure ETF on the Johannesburg Stock Exchange.

Profile of Satrix Investments (Pty) Limited

Satrix Investments (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry.

STXCTY Industrial Market Competitors

Satrix Investments (Pty) Limited, issuers of the STXCTY, Satrix Nasdaq 100 Prtf (+23.95%), Satrix INDI Portfolio (+11.77%), Satrix Global Bond ETF (+10.39%), Satrix MSCI World Feeder (+10.04%), Satrix S&P 500 Feeder (+9.85%), Satrix MSCI World ESG ETF (+9.6%), Satrix MSCI China ETF (+8.52%), Satrix MSCI EMG Markets (+7.83%), Satrix MSCI EM ESG ETF (+7.69%) and Satrix 40 Portfolio (+3.42%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange