First Heartland Consultants Inc. Has $259,000 Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

First Heartland Consultants Inc. cut its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,498 shares of the company’s stock after selling 726 shares during the quarter. First Heartland Consultants Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $259,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. U S Global Investors Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $34,000. Crewe Advisors LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 1,094.0% in the 3rd quarter. Crewe Advisors LLC now owns 1,003 shares of the company’s stock worth $30,000 after acquiring an additional 919 shares in the last quarter. Register Financial Advisors LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $35,000. Fifth Third Bancorp acquired a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $34,000. Finally, First United Bank & Trust acquired a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at about $54,000.

Global X U.S. Infrastructure Development ETF Stock Up 0.1 %

PAVE stock traded up $0.03 during mid-day trading on Friday, reaching $38.98. 1,179,320 shares of the company traded hands. The stock has a market cap of $7.47 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The firm’s 50 day moving average price is $38.65 and its 200 day moving average price is $35.47.

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.