Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by GeoWealth Management LLC

GeoWealth Management LLC lowered its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 11.3% in the 4th quarter, Holdings Channel reports. The fund owned 20,114 shares of the company’s stock after selling 2,570 shares during the period. GeoWealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $813,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of PAVE. Cascade Financial Partners LLC increased its stake in Global X U.S. Infrastructure Development ETF by 0.9% during the 4th quarter. Cascade Financial Partners LLC now owns 29,815 shares of the company’s stock valued at $1,205,000 after buying an additional 262 shares during the period. Fisher Asset Management LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 3.9% during the fourth quarter. Fisher Asset Management LLC now owns 7,447 shares of the company’s stock valued at $301,000 after purchasing an additional 282 shares during the last quarter. Crewe Advisors LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 17.4% during the fourth quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock worth $80,000 after buying an additional 293 shares in the last quarter. Diversify Advisory Services LLC grew its position in Global X U.S. Infrastructure Development ETF by 1.5% in the fourth quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock worth $1,048,000 after buying an additional 380 shares during the last quarter. Finally, Level Four Advisory Services LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 1.4% during the fourth quarter. Level Four Advisory Services LLC now owns 28,614 shares of the company’s stock worth $1,156,000 after purchasing an additional 397 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Down 12.6 %

PAVE stock opened at $36.21 on Friday. The firm has a market capitalization of $7.19 billion, a PE ratio of 20.85 and a beta of 1.21. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.18. The firm has a 50-day moving average of $38.36 and a two-hundred day moving average of $41.12.

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.