TOWER TRUST & INVESTMENT Co boosted its position in shares of SPDR S&P Global Infrastructure ETF (NYSEARCA:GII – Free Report) by 3.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 195,377 shares of the company’s stock after buying an additional 7,278 shares during the quarter. SPDR S&P Global Infrastructure ETF accounts for approximately 7.8% of TOWER TRUST & INVESTMENT Co’s investment portfolio, making the stock its 3rd largest position. TOWER TRUST & INVESTMENT Co owned approximately 1.51% of SPDR S&P Global Infrastructure ETF worth $13,662,000 at the end of the most recent quarter.
SPDR S&P Global Infrastructure ETF Trading Up 1.7%
Shares of SPDR S&P Global Infrastructure ETF stock opened at $74.75 on Friday. The company’s 50-day moving average price is $72.54 and its two-hundred day moving average price is $74.86. SPDR S&P Global Infrastructure ETF has a 52 week low of $69.01 and a 52 week high of $78.95. The stock has a market cap of $964.27 million, a PE ratio of 20.11 and a beta of 0.62.
About SPDR S&P Global Infrastructure ETF
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.
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