Wealthcare Capital Partners LLC lowered its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 7.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 20,805 shares of the company’s stock after selling 1,674 shares during the period. Wealthcare Capital Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $907,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Arlington Trust Co LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the first quarter valued at approximately $32,000. Global Trust Asset Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $35,000. Elevation Wealth Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $52,000. GAMMA Investing LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $71,000. Finally, Larson Financial Group LLC boosted its position in Global X U.S. Infrastructure Development ETF by 1,359.9% in the 1st quarter. Larson Financial Group LLC now owns 2,219 shares of the company’s stock worth $84,000 after purchasing an additional 2,067 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Trading Up 15.7%
Global X U.S. Infrastructure Development ETF stock opened at $47.94 on Friday. Global X U.S. Infrastructure Development ETF has a 12 month low of $32.65 and a 12 month high of $46.26. The stock’s 50 day simple moving average is $46.48 and its two-hundred day simple moving average is $42.72. The firm has a market cap of $9.47 billion, a PE ratio of 23.34 and a beta of 1.24.
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.
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