STXIFR - Satrix Global Infrastructure ETF

Mar 24, 2023 at 17:41 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 340th most valuable stock on the JSE with a market capitalization of ZAR 220 million, which is about 0.0011% of the Johannesburg Stock Exchange equity market.

STXIFR Stock Market Performance

The current share price of Satrix Global Infrastructure ETF (STXIFR) is ZAR 53.04. STXIFR closed its last trading day (Friday, March 24, 2023) at 53.04 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.7% drop from its previous closing price of 53.40 ZAR.

Satrix Global Infrastructure ETF is the 293rd most traded stock on the Johannesburg Stock Exchange over the past three months (Dec 22, 2022 - Mar 24, 2023). STXIFR has traded a total volume of 656,100 shares—in 574 deals—valued at ZAR 35.8 million over the period, with an average of 10,414 traded shares per session. A volume high of 185,279 was achieved on January 10th, and a low of 245 on March 9th, 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 Nasdaq 100 Prtf (+23.95%), Satrix INDI Portfolio (+11.77%), Satrix Smart City Infrastructure ETF (+11.35%), 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%) and Satrix MSCI EM ESG ETF (+7.69%) 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