Mirae Asset Global Investments Co. Ltd. Cuts Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Mirae Asset Global Investments Co. Ltd. reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Get Rating) by 38.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 119,600 shares of the company’s stock after selling 73,477 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,168,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in PAVE. Sigma Planning Corp increased its holdings in Global X U.S. Infrastructure Development ETF by 1.2% in the 3rd quarter. Sigma Planning Corp now owns 54,911 shares of the company’s stock valued at $1,266,000 after purchasing an additional 674 shares in the last quarter. HBW Advisory Services LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 2.8% in the 4th quarter. HBW Advisory Services LLC now owns 20,001 shares of the company’s stock valued at $559,000 after purchasing an additional 547 shares in the last quarter. Lincoln National Corp increased its holdings in Global X U.S. Infrastructure Development ETF by 5.8% in the 3rd quarter. Lincoln National Corp now owns 17,424 shares of the company’s stock valued at $402,000 after purchasing an additional 958 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in Global X U.S. Infrastructure Development ETF by 0.5% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 293,892 shares of the company’s stock valued at $7,785,000 after purchasing an additional 1,605 shares in the last quarter. Finally, Concord Wealth Partners acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at about $38,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $27.31 on Thursday. The business has a 50-day moving average of $27.53 and a 200-day moving average of $27.80. The company has a market capitalization of $3.91 billion, a PE ratio of 10.90 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

Global X U.S. Infrastructure Development ETF Company Profile

(Get Rating)

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.