First Interstate Bank Has $52.06 Million Holdings in Global X U.S. Infrastructure Development ETF $PAVE

First Interstate Bank lessened its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,194,607 shares of the company’s stock after selling 23,152 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up approximately 3.1% of First Interstate Bank’s investment portfolio, making the stock its 12th largest position. First Interstate Bank’s holdings in Global X U.S. Infrastructure Development ETF were worth $52,061,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Sequoia Financial Advisors LLC increased its position in Global X U.S. Infrastructure Development ETF by 1.3% during the second quarter. Sequoia Financial Advisors LLC now owns 17,961 shares of the company’s stock worth $783,000 after buying an additional 225 shares during the last quarter. Jacobi Capital Management LLC increased its position in Global X U.S. Infrastructure Development ETF by 2.4% during the first quarter. Jacobi Capital Management LLC now owns 10,897 shares of the company’s stock worth $411,000 after buying an additional 256 shares during the last quarter. International Assets Investment Management LLC increased its position in Global X U.S. Infrastructure Development ETF by 3.6% during the first quarter. International Assets Investment Management LLC now owns 7,682 shares of the company’s stock worth $290,000 after buying an additional 267 shares during the last quarter. IFG Advisory LLC increased its position in Global X U.S. Infrastructure Development ETF by 3.4% during the first quarter. IFG Advisory LLC now owns 8,287 shares of the company’s stock worth $313,000 after buying an additional 274 shares during the last quarter. Finally, Choreo LLC increased its position in Global X U.S. Infrastructure Development ETF by 1.6% during the first quarter. Choreo LLC now owns 18,317 shares of the company’s stock worth $691,000 after buying an additional 281 shares during the last quarter.

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

Shares of BATS PAVE opened at $47.18 on Monday. Global X U.S. Infrastructure Development ETF has a twelve month low of $32.65 and a twelve month high of $46.26. The company has a market cap of $9.32 billion, a PE ratio of 23.34 and a beta of 1.24. The business’s 50 day moving average price is $46.83 and its two-hundred day moving average price is $43.36.

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.