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

GenTrust LLC reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 98.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 22,048 shares of the company’s stock after selling 1,253,066 shares during the quarter. GenTrust LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $907,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of PAVE. Bank of Montreal Can lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 11.0% in the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock valued at $726,044,000 after buying an additional 1,928,517 shares during the period. Meitav Investment House Ltd. lifted its holdings in Global X U.S. Infrastructure Development ETF by 9.9% in the second quarter. Meitav Investment House Ltd. now owns 2,696,368 shares of the company’s stock valued at $99,905,000 after acquiring an additional 242,141 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 14.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $59,608,000 after purchasing an additional 198,255 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 19.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock worth $57,086,000 after purchasing an additional 229,948 shares during the period. Finally, First Interstate Bank increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after purchasing an additional 357,771 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.2 %

PAVE stock opened at $45.37 on Friday. The company’s 50-day moving average price is $42.09 and its 200 day moving average price is $39.49. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The company has a market cap of $8.69 billion, a P/E ratio of 20.28 and a beta of 1.13.

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.