Apollon Wealth Management LLC trimmed its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 5.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 56,336 shares of the company’s stock after selling 3,346 shares during the quarter. Apollon Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,455,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of PAVE. Global Trust Asset Management LLC bought a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $35,000. Arlington Trust Co LLC bought a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at about $32,000. Elevation Wealth Partners LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at approximately $52,000. Trust Co. of Toledo NA OH bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at approximately $53,000. Finally, GAMMA Investing LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at approximately $71,000.
Global X U.S. Infrastructure Development ETF Trading Up 12.0%
Shares of Global X U.S. Infrastructure Development ETF stock opened at $46.40 on Monday. The firm’s 50 day moving average is $46.64 and its 200 day moving average is $43.04. Global X U.S. Infrastructure Development ETF has a 1 year low of $32.65 and a 1 year high of $46.26. The firm has a market capitalization of $9.17 billion, a PE 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.
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