Northwest Bank & Trust Co Buys Shares of 117,966 SPDR S&P Global Infrastructure ETF (NYSEARCA:GII)

Northwest Bank & Trust Co acquired a new position in SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 117,966 shares of the company’s stock, valued at approximately $7,276,000. SPDR S&P Global Infrastructure ETF accounts for approximately 5.5% of Northwest Bank & Trust Co’s investment portfolio, making the stock its 4th biggest holding. Northwest Bank & Trust Co owned about 1.58% of SPDR S&P Global Infrastructure ETF at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in GII. Lynx Investment Advisory acquired a new position in shares of SPDR S&P Global Infrastructure ETF in the 2nd quarter valued at about $31,000. Lowe Wealth Advisors LLC bought a new stake in SPDR S&P Global Infrastructure ETF in the second quarter worth approximately $34,000. Finally, Rathbones Group PLC raised its holdings in SPDR S&P Global Infrastructure ETF by 2.1% during the second quarter. Rathbones Group PLC now owns 44,831 shares of the company’s stock valued at $2,450,000 after buying an additional 914 shares in the last quarter.

SPDR S&P Global Infrastructure ETF Stock Performance

Shares of GII traded up $0.18 during trading hours on Thursday, hitting $61.51. 7,663 shares of the company were exchanged, compared to its average volume of 28,737. The company has a market cap of $458.25 million, a PE ratio of 20.94 and a beta of 0.67. The firm’s 50 day moving average is $59.46 and its 200-day moving average is $56.69. SPDR S&P Global Infrastructure ETF has a 52 week low of $47.06 and a 52 week high of $62.10.

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.