CreativeOne Wealth LLC Trims Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

CreativeOne Wealth LLC trimmed its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 14.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,379 shares of the company’s stock after selling 13,838 shares during the period. CreativeOne Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,410,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 7.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock worth $2,085,000 after purchasing an additional 3,593 shares during the last quarter. Ameliora Wealth Management Ltd. purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $162,000. Proficio Capital Partners LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $771,000. JPMorgan Chase & Co. lifted its stake in Global X U.S. Infrastructure Development ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after buying an additional 64,843 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 193,541 shares of the company’s stock valued at $7,821,000 after acquiring an additional 3,410 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Down 11.6 %

Shares of PAVE opened at $36.64 on Tuesday. The company’s 50 day simple moving average is $38.81 and its 200-day simple moving average is $41.25. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.18. The firm has a market cap of $7.47 billion, a PE ratio of 21.56 and a beta of 1.21.

Global X U.S. Infrastructure Development ETF Company 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.