Blair William & Co. IL Sells 6,829 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Blair William & Co. IL decreased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 400,912 shares of the company’s stock after selling 6,829 shares during the quarter. Blair William & Co. IL owned 0.21% of Global X U.S. Infrastructure Development ETF worth $16,201,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PAVE. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $28,000. Hanson & Doremus Investment Management purchased a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $28,000. Sofi Wealth LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Crowley Wealth Management Inc. purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $28,000. Finally, Key Financial Inc grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 613.2% in the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after acquiring an additional 650 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 9.3 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $37.59 on Friday. The business’s fifty day simple moving average is $40.52 and its 200 day simple moving average is $41.57. Global X U.S. Infrastructure Development ETF has a 12 month low of $35.72 and a 12 month high of $46.18. The firm has a market capitalization of $7.73 billion, a P/E ratio of 21.38 and a beta of 1.27.

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.