Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Alpha Financial Partners LLC

Alpha Financial Partners LLC reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 18.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,675 shares of the company’s stock after selling 2,194 shares during the quarter. Alpha Financial Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $358,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at about $103,108,000. Cetera Investment Advisers grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 325.0% during the first quarter. Cetera Investment Advisers now owns 922,494 shares of the company’s stock valued at $36,724,000 after purchasing an additional 705,438 shares during the last quarter. Congress Wealth Management LLC DE lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 18.6% in the 4th quarter. Congress Wealth Management LLC DE now owns 2,956,322 shares of the company’s stock worth $101,875,000 after purchasing an additional 463,636 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management grew its stake in Global X U.S. Infrastructure Development ETF by 84.5% during the 2nd quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock worth $34,761,000 after buying an additional 430,000 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 15.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,679,566 shares of the company’s stock worth $92,338,000 after acquiring an additional 362,821 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 0.9 %

PAVE opened at $39.09 on Tuesday. The business’s 50 day moving average is $38.24 and its 200-day moving average is $38.24. The stock has a market cap of $7.49 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80.

Global X U.S. Infrastructure Development ETF Profile

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.