Rathbones Group PLC Reduces Stock Position in SPDR S&P Global Infrastructure ETF $GII

Rathbones Group PLC cut its stake in SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) by 17.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,333 shares of the company’s stock after selling 8,544 shares during the period. Rathbones Group PLC owned approximately 0.42% of SPDR S&P Global Infrastructure ETF worth $2,884,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in GII. Eagle Bay Advisors LLC purchased a new position in SPDR S&P Global Infrastructure ETF in the fourth quarter valued at about $31,000. Cornerstone Planning Group LLC purchased a new position in SPDR S&P Global Infrastructure ETF in the third quarter valued at about $37,000. JPMorgan Chase & Co. increased its holdings in SPDR S&P Global Infrastructure ETF by 775.1% in the third 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. Jones Financial Companies Lllp increased its holdings in SPDR S&P Global Infrastructure ETF by 174.1% in the first quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock valued at $726,000 after buying an additional 7,435 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of SPDR S&P Global Infrastructure ETF by 5,749.0% in the fourth quarter. Farther Finance Advisors LLC now owns 11,230 shares of the company’s stock valued at $784,000 after purchasing an additional 11,038 shares during the last quarter.

SPDR S&P Global Infrastructure ETF Price Performance

Shares of GII opened at $76.55 on Friday. The firm has a 50 day simple moving average of $76.35 and a 200-day simple moving average of $73.77. SPDR S&P Global Infrastructure ETF has a 1-year low of $65.65 and a 1-year high of $78.95. The stock has a market cap of $976.01 million, a price-to-earnings 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.