Apollon Wealth Management LLC Has $2.46 Million Stake in Global X U.S. Infrastructure Development ETF $PAVE

Apollon Wealth Management LLC reduced its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,336 shares of the company’s stock after selling 3,346 shares during the period. Apollon Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,455,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Fifth Third Bancorp increased its stake in Global X U.S. Infrastructure Development ETF by 40.6% in the first quarter. Fifth Third Bancorp now owns 4,279 shares of the company’s stock valued at $161,000 after purchasing an additional 1,236 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Global X U.S. Infrastructure Development ETF by 8.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 74,870 shares of the company’s stock valued at $2,825,000 after purchasing an additional 5,755 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in Global X U.S. Infrastructure Development ETF by 5.7% in the first quarter. Dynamic Advisor Solutions LLC now owns 8,011 shares of the company’s stock valued at $302,000 after purchasing an additional 429 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 32.7% during the first quarter. Janney Montgomery Scott LLC now owns 256,775 shares of the company’s stock worth $9,688,000 after acquiring an additional 63,234 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 3.9% during the first quarter. Robertson Stephens Wealth Management LLC now owns 233,614 shares of the company’s stock worth $8,814,000 after acquiring an additional 8,726 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 12.0%

Shares of PAVE stock opened at $46.40 on Monday. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.26. The firm has a fifty day moving average of $46.64 and a 200-day moving average of $43.04. The company has a market capitalization of $9.17 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24.

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.