Private Trust Co. NA Has $640,000 Stake in Global X U.S. Infrastructure Development ETF $PAVE

Private Trust Co. NA trimmed its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,683 shares of the company’s stock after selling 534 shares during the period. Private Trust Co. NA’s holdings in Global X U.S. Infrastructure Development ETF were worth $640,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PAVE. Private Wealth Asset Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the second quarter worth $32,000. Global Trust Asset Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth about $35,000. Arlington Trust Co LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth about $32,000. Elevation Wealth Partners LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $52,000. Finally, Trust Co. of Toledo NA OH acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $53,000.

Global X U.S. Infrastructure Development ETF Stock Up 13.8%

Shares of PAVE stock opened at $47.18 on Friday. Global X U.S. Infrastructure Development ETF has a 12 month low of $32.65 and a 12 month high of $46.26. The business’s 50 day moving average is $46.83 and its two-hundred day moving average is $43.33. The company has a market cap of $9.32 billion, a PE ratio of 23.34 and a beta of 1.24.

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.