Rathbones Group PLC Trims Stake in SPDR S&P Global Infrastructure ETF $GII

Rathbones Group PLC lowered its stake in SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) by 17.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 41,333 shares of the company’s stock after selling 8,544 shares during the period. Rathbones Group PLC’s holdings in SPDR S&P Global Infrastructure ETF were worth $2,884,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its stake in SPDR S&P Global Infrastructure ETF by 5,749.0% in the 4th quarter. Farther Finance Advisors LLC now owns 11,230 shares of the company’s stock valued at $784,000 after buying an additional 11,038 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in SPDR S&P Global Infrastructure ETF in the 4th quarter valued at approximately $31,000. TOWER TRUST & INVESTMENT Co lifted its stake in SPDR S&P Global Infrastructure ETF by 53.6% in the 4th quarter. TOWER TRUST & INVESTMENT Co now owns 189,670 shares of the company’s stock valued at $13,233,000 after buying an additional 66,182 shares in the last quarter. JPMorgan Chase & Co. lifted its stake 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 valued at $699,000 after buying an additional 8,898 shares in the last quarter. Finally, Provenance Wealth Advisors LLC lifted its stake in SPDR S&P Global Infrastructure ETF by 7.1% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 16,465 shares of the company’s stock valued at $1,146,000 after buying an additional 1,090 shares in the last quarter.

SPDR S&P Global Infrastructure ETF Stock Performance

GII stock opened at $76.55 on Friday. SPDR S&P Global Infrastructure ETF has a 1 year low of $65.65 and a 1 year high of $78.95. The stock’s 50 day moving average price is $76.35 and its 200 day moving average price is $73.77. The firm has a market cap of $976.01 million, a P/E ratio of 20.11 and a beta of 0.64.

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.