Global X U.S. Infrastructure Development ETF $PAVE Shares Sold by Elyxium Wealth LLC

Elyxium Wealth LLC lessened its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 14.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,069 shares of the company’s stock after selling 12,503 shares during the period. Global X U.S. Infrastructure Development ETF comprises 1.3% of Elyxium Wealth LLC’s portfolio, making the stock its 22nd largest holding. Elyxium Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,671,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth $25,000. Root Financial Partners LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at $25,000. Atlantic Union Bankshares Corp acquired a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at $26,000. Avalon Trust Co acquired a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at $29,000. Finally, Private Wealth Asset Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $32,000.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE opened at $54.73 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 business has a 50-day moving average of $49.89 and a two-hundred day moving average of $47.97. The stock has a market capitalization of $10.81 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24.

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