MFA Wealth Advisors LLC Cuts Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

MFA Wealth Advisors LLC lessened its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 10.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 301,109 shares of the company’s stock after selling 34,397 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for approximately 2.7% of MFA Wealth Advisors LLC’s holdings, making the stock its 13th biggest position. MFA Wealth Advisors LLC owned approximately 0.16% of Global X U.S. Infrastructure Development ETF worth $12,394,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Signaturefd LLC raised its position in Global X U.S. Infrastructure Development ETF by 10.2% in the second quarter. Signaturefd LLC now owns 3,254 shares of the company’s stock worth $120,000 after acquiring an additional 300 shares during the period. American Institute for Advanced Investment Management LLP raised its holdings in Global X U.S. Infrastructure Development ETF by 0.7% in the 1st quarter. American Institute for Advanced Investment Management LLP now owns 43,969 shares of the company’s stock worth $1,750,000 after purchasing an additional 324 shares during the period. Trademark Financial Management LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 1.6% in the 1st quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock worth $860,000 after purchasing an additional 336 shares during the period. Cascade Financial Partners LLC lifted its position in Global X U.S. Infrastructure Development ETF by 1.3% during the second quarter. Cascade Financial Partners LLC now owns 27,603 shares of the company’s stock valued at $1,022,000 after purchasing an additional 353 shares in the last quarter. Finally, BOKF NA grew its holdings in Global X U.S. Infrastructure Development ETF by 10.9% during the second quarter. BOKF NA now owns 3,800 shares of the company’s stock valued at $141,000 after purchasing an additional 375 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 0.6 %

PAVE stock opened at $41.51 on Thursday. The stock has a market cap of $7.95 billion, a P/E ratio of 20.28 and a beta of 1.13. The business’s 50-day moving average price is $39.87 and its 200-day moving average price is $38.69. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80.

About Global X U.S. Infrastructure Development ETF

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.