Global X U.S. Infrastructure Development ETF $PAVE Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. cut its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 47.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,922 shares of the company’s stock after selling 13,389 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $792,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PAVE. Axiom Investment Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the first quarter worth about $28,000. Compass Financial Management LLC bought a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $28,000. NBT Bank N A NY bought a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at about $29,000. Clearstead Trust LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at approximately $31,000. Finally, Hanson & Doremus Investment Management acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at approximately $41,000.

Global X U.S. Infrastructure Development ETF Trading Down 2.0%

Shares of Global X U.S. Infrastructure Development ETF stock opened at $52.07 on Friday. The company has a 50 day moving average of $54.17 and a 200-day moving average of $55.75. Global X U.S. Infrastructure Development ETF has a 1-year low of $45.44 and a 1-year high of $60.43. The company has a market cap of $10.29 billion, a PE ratio of 23.34 and a beta of 1.24.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.