Kingsview Wealth Management LLC Reduces Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Kingsview Wealth Management LLC cut its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 89,187 shares of the company’s stock after selling 6,966 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,671,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock valued at $812,000 after buying an additional 422 shares during the period. Raymond James & Associates grew its holdings in Global X U.S. Infrastructure Development ETF by 64.3% during the 3rd quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock worth $32,148,000 after acquiring an additional 305,548 shares in the last quarter. Granite Bay Wealth Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $3,081,000. Comerica Bank raised its stake in Global X U.S. Infrastructure Development ETF by 10.4% in the first quarter. Comerica Bank now owns 38,523 shares of the company’s stock worth $1,534,000 after buying an additional 3,619 shares in the last quarter. Finally, HBW Advisory Services LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 132.0% in the 3rd quarter. HBW Advisory Services LLC now owns 362,258 shares of the company’s stock worth $14,911,000 after acquiring an additional 206,101 shares in the last quarter.

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

BATS PAVE opened at $45.38 on Monday. The company has a 50 day moving average price of $42.09 and a 200 day moving average price of $39.50. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The firm has a market cap of $8.69 billion, a PE ratio of 20.28 and a beta of 1.13.

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.