US Bancorp DE Sells 3,337 Shares of Global X U.S. Infrastructure Development ETF $PAVE

US Bancorp DE lessened its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,528 shares of the company’s stock after selling 3,337 shares during the period. US Bancorp DE’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,766,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Vontobel Holding Ltd. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 22.7% during the first quarter. Vontobel Holding Ltd. now owns 7,252 shares of the company’s stock worth $274,000 after acquiring an additional 1,340 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 74,870 shares of the company’s stock worth $2,825,000 after acquiring an additional 5,755 shares during the period. Dynamic Advisor Solutions LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 5.7% during the first quarter. Dynamic Advisor Solutions LLC now owns 8,011 shares of the company’s stock worth $302,000 after acquiring an additional 429 shares during the period. Chicago Partners Investment Group LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the first quarter worth approximately $632,000. Finally, Moss Adams Wealth Advisors LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.5% during the second quarter. Moss Adams Wealth Advisors LLC now owns 1,041,197 shares of the company’s stock worth $45,469,000 after acquiring an additional 15,268 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 15.2%

Shares of BATS:PAVE opened at $47.77 on Thursday. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.26. The stock has a market cap of $9.44 billion, a PE ratio of 23.34 and a beta of 1.24. The business has a 50 day moving average of $46.76 and a 200-day moving average of $43.23.

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.