Sharkey Howes & Javer Sells 18,884 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Sharkey Howes & Javer trimmed its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 243,968 shares of the company’s stock after selling 18,884 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up 1.6% of Sharkey Howes & Javer’s investment portfolio, making the stock its 15th largest position. Sharkey Howes & Javer’s holdings in Global X U.S. Infrastructure Development ETF were worth $9,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of PAVE. U S Global Investors Inc. purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth $34,000. Register Financial Advisors LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth $35,000. Richardson Capital Management LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 422.5% in the first quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock worth $39,000 after acquiring an additional 790 shares during the period. First United Bank & Trust bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth $54,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth $61,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE traded up $0.23 during trading hours on Tuesday, hitting $36.62. The stock had a trading volume of 1,203,465 shares. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The firm has a market capitalization of $7.01 billion, a PE ratio of 20.28 and a beta of 1.13. The stock has a fifty day moving average price of $38.10 and a 200 day moving average price of $37.00.

Global X U.S. Infrastructure Development ETF Company 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.