ARS Investment Partners LLC reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 76.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 10,662 shares of the company’s stock after selling 35,406 shares during the period. ARS Investment Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $465,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. TD Waterhouse Canada Inc. increased its position in shares of Global X U.S. Infrastructure Development ETF by 11.4% during the second quarter. TD Waterhouse Canada Inc. now owns 8,997 shares of the company’s stock worth $392,000 after acquiring an additional 921 shares in the last quarter. Wealthspire Advisors LLC lifted its position in Global X U.S. Infrastructure Development ETF by 17.1% in the 2nd quarter. Wealthspire Advisors LLC now owns 26,532 shares of the company’s stock valued at $1,156,000 after acquiring an additional 3,874 shares in the last quarter. Sofi Wealth LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 75.2% in the 2nd quarter. Sofi Wealth LLC now owns 7,891 shares of the company’s stock worth $344,000 after purchasing an additional 3,387 shares during the period. Y.D. More Investments Ltd increased its holdings in Global X U.S. Infrastructure Development ETF by 31.8% during the 2nd quarter. Y.D. More Investments Ltd now owns 91,146 shares of the company’s stock worth $3,967,000 after purchasing an additional 22,005 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in Global X U.S. Infrastructure Development ETF by 5.5% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 294,126 shares of the company’s stock worth $12,818,000 after purchasing an additional 15,400 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Price Performance
PAVE opened at $46.19 on Wednesday. The company has a market capitalization of $9.13 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The business’s 50-day moving average price is $47.43 and its two-hundred day moving average price is $45.23. 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.
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