STXIFR - Satrix Global Infrastructure ETF

Apr 25, 2024 at 14:56 Twitter · Facebook

STXIFR share price on Johannesburg Stock Exchange

The Satrix Global 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, which is based on the FTSE Global Core Infrastructure Index, provides investors diversified exposure to the largest and most liquid infrastructure companies across developed and emerging markets. The Satrix Global Infrastructure Feeder ETF distributes the income from the constituents of the index quarterly in a three-month period ending March, June, September, and December in each year of all income received.

The FTSE Global Core Infrastructure Index tracks the performance of international infrastructure companies from both developed and emerging countries. The index gives participants an industry defined interpretation of infrastructure and adjust the exposure to certain infrastructure sub-sectors. Constituents are selected from FTSE Global All Cap Index using FTSE Russell’s definition of infrastructure. Stocks are selected and weighted to ensure the index is investable and stocks are screened to ensure that the index is tradable.

Satrix Global Infrastructure ETF is listed on the Johannesburg Stock Exchange (JSE) since September 9th, 2021. Satrix Global Infrastructure ETF is traded on the JSE under the ticker symbol “STXIFR”. The International Securities Identification Number (ISIN) of JSE:STXIFR is ZAE000301586. Satrix Global Infrastructure ETF is currently the 309th most valuable stock on the JSE with a market capitalization of ZAR 299 million, which is about 0.0015% of the Johannesburg Stock Exchange equity market.

STXIFR Stock Market Performance

The current share price of Satrix Global Infrastructure ETF (STXIFR) is ZAR 57.70. STXIFR closed its last trading day (Wednesday, April 24, 2024) at 58.01 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.8% drop from its previous closing price of 58.47 ZAR. Satrix Global Infrastructure ETF began the year with a share price of 56.66 ZAR and has since gained 2.38% on that price valuation, ranking it 122nd on the JSE in terms of year-to-date performance.

Satrix Global Infrastructure ETF is the 313th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 24 - Apr 24, 2024). STXIFR has traded a total volume of 372,002 shares—in 578 deals—valued at ZAR 21.2 million over the period, with an average of 5,905 traded shares per session. A volume high of 55,566 was achieved on March 11th, and a low of 299 on January 24th, for the same period. The table below details the last 10 trading days of activity of Satrix Global 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.

STXIFR Industrial Market Competitors

Satrix Investments (Pty) Limited, issuers of the STXIFR, Satrix S&P 500 Feeder (+10.67%), Satrix MSCI India Feeder ETF (+10.43%), Satrix MSCI World Feeder (+9.59%), Satrix Nasdaq 100 Prtf (+8.26%), Satrix MSCI World ESG ETF (+7.74%), Satrix RESI ETF Portfolio (+6.33%), Satrix MSCI China ETF (+6.26%), Satrix MSCI EMG Markets (+5.45%), Satrix Smart City Infrastructure ETF (+4.8%) and Satrix Traci 3-Month ETF (+3.79%) 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