Global X U.S. Infrastructure Development ETF $PAVE Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC trimmed its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 9.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,949 shares of the company’s stock after selling 9,444 shares during the period. Bleakley Financial Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,284,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of PAVE. Jones Financial Companies Lllp raised its holdings in Global X U.S. Infrastructure Development ETF by 26.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 149,973 shares of the company’s stock valued at $7,059,000 after acquiring an additional 31,014 shares during the last quarter. Barnes Pettey Financial Advisors LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth $206,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at $509,000. Trilogy Capital Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF by 408.9% in the third quarter. Trilogy Capital Inc. now owns 26,222 shares of the company’s stock valued at $1,249,000 after purchasing an additional 21,069 shares during the period. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at $720,000.

Global X U.S. Infrastructure Development ETF Trading Up 0.6%

BATS PAVE opened at $55.64 on Monday. The business’s 50-day moving average price is $51.20 and its 200 day moving average price is $48.65. Global X U.S. Infrastructure Development ETF has a twelve month low of $32.65 and a twelve month high of $56.74. The company has a market capitalization of $10.99 billion, a PE ratio of 23.34 and a beta of 1.24.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.