Global X U.S. Infrastructure Development ETF $PAVE Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lowered its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 15.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,255 shares of the company’s stock after selling 2,343 shares during the period. Geneos Wealth Management Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $500,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PAVE. Focus Partners Wealth raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 24.5% in the first quarter. Focus Partners Wealth now owns 700,618 shares of the company’s stock valued at $26,434,000 after buying an additional 137,748 shares during the last quarter. Flaharty Asset Management LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 27.7% in the first quarter. Flaharty Asset Management LLC now owns 7,385 shares of the company’s stock valued at $279,000 after buying an additional 1,600 shares in the last quarter. Strive Asset Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the first quarter valued at approximately $2,126,000. Jane Street Group LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 11.1% in the first quarter. Jane Street Group LLC now owns 20,867 shares of the company’s stock valued at $787,000 after purchasing an additional 2,081 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the first quarter worth approximately $475,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS PAVE opened at $46.56 on Monday. The firm has a market cap of $9.20 billion, a P/E ratio of 23.34 and a beta of 1.24. The firm’s 50 day moving average price is $45.93 and its 200 day moving average price is $41.88. Global X U.S. Infrastructure Development ETF has a 1 year low of $32.65 and a 1 year high of $46.26.

About Global X U.S. Infrastructure Development ETF

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.