Tandem Capital Management Corp ADV Sells 2,190 Shares of Global X U.S. Infrastructure Development ETF $PAVE

Tandem Capital Management Corp ADV lowered its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 13.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 13,880 shares of the company’s stock after selling 2,190 shares during the period. Tandem Capital Management Corp ADV’s holdings in Global X U.S. Infrastructure Development ETF were worth $605,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Vontobel Holding Ltd. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 137.9% during the second quarter. Vontobel Holding Ltd. now owns 17,252 shares of the company’s stock valued at $752,000 after acquiring an additional 10,000 shares during the last quarter. Eagle Strategies LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 3.6% during the second quarter. Eagle Strategies LLC now owns 366,150 shares of the company’s stock valued at $15,957,000 after acquiring an additional 12,782 shares during the last quarter. Duncan Williams Asset Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter valued at $1,019,000. Kickstand Ventures LLC. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 7.7% during the second quarter. Kickstand Ventures LLC. now owns 23,393 shares of the company’s stock valued at $1,019,000 after acquiring an additional 1,678 shares during the last quarter. Finally, Simplicity Wealth LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 70.6% during the second quarter. Simplicity Wealth LLC now owns 10,380 shares of the company’s stock valued at $452,000 after acquiring an additional 4,294 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE stock opened at $48.27 on Thursday. The company has a fifty day moving average price of $46.57 and a 200-day moving average price of $42.94. The company has a market capitalization of $9.54 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 52-week low of $32.65 and a 52-week high of $46.26.

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.