Stratos Wealth Advisors LLC decreased its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 80.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,686 shares of the company’s stock after selling 19,088 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $204,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of PAVE. Arlington Trust Co LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $32,000. Private Wealth Asset Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $32,000. Global Trust Asset Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $35,000. Elevation Wealth Partners LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the second quarter worth $52,000. Finally, Trust Co. of Toledo NA OH acquired a new position in Global X U.S. Infrastructure Development ETF in the second quarter worth $53,000.
Global X U.S. Infrastructure Development ETF Stock Performance
Global X U.S. Infrastructure Development ETF stock opened at $47.93 on Tuesday. The firm has a market cap of $9.47 billion, a P/E ratio of 23.34 and a beta of 1.24. The business’s fifty day moving average is $46.87 and its two-hundred day moving average is $43.43. 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.
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