HB Wealth Management LLC Sells 351 Shares of Global X U.S. Infrastructure Development ETF $PAVE

HB Wealth Management LLC decreased its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 5,604 shares of the company’s stock after selling 351 shares during the period. HB Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $244,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PAVE. Jacobi Capital Management LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 2.4% in the 1st quarter. Jacobi Capital Management LLC now owns 10,897 shares of the company’s stock worth $411,000 after purchasing an additional 256 shares during the period. International Assets Investment Management LLC boosted its position in Global X U.S. Infrastructure Development ETF by 3.6% during the 1st quarter. International Assets Investment Management LLC now owns 7,682 shares of the company’s stock valued at $290,000 after acquiring an additional 267 shares in the last quarter. IFG Advisory LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.4% during the 1st quarter. IFG Advisory LLC now owns 8,287 shares of the company’s stock worth $313,000 after acquiring an additional 274 shares during the period. Choreo LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 1.6% in the 1st quarter. Choreo LLC now owns 18,317 shares of the company’s stock worth $691,000 after acquiring an additional 281 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 4.7% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 6,950 shares of the company’s stock valued at $262,000 after purchasing an additional 313 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 14.7%

BATS PAVE opened at $47.54 on Wednesday. The firm has a market capitalization of $9.39 billion, a PE ratio of 23.34 and a beta of 1.24. The stock’s 50 day moving average is $46.53 and its 200 day moving average is $42.87. Global X U.S. Infrastructure Development ETF has a twelve month low of $32.65 and a twelve month high of $46.26.

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.