Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lowered its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,693 shares of the company’s stock after selling 586 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,062,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Lynx Investment Advisory purchased a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth about $154,000. Deane Retirement Strategies Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth approximately $3,492,000. Mather Group LLC. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth approximately $42,000. Tandem Capital Management Corp ADV raised its holdings in Global X U.S. Infrastructure Development ETF by 6.7% in the second quarter. Tandem Capital Management Corp ADV now owns 16,270 shares of the company’s stock valued at $595,000 after acquiring an additional 1,020 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Global X U.S. Infrastructure Development ETF in the second quarter worth approximately $77,000.

Global X U.S. Infrastructure Development ETF Stock Down 1.3 %

BATS PAVE traded down $0.48 on Wednesday, hitting $36.51. 918,612 shares of the stock were exchanged. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The company has a 50-day moving average price of $37.80 and a 200-day moving average price of $37.75. The company has a market cap of $6.99 billion, a PE ratio of 20.28 and a beta of 1.13.

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.