GenTrust LLC reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 49.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,385 shares of the company’s stock after selling 7,255 shares during the quarter. GenTrust LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. Private Wealth Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth $32,000. Global Trust Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth $35,000. Arlington Trust Co LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the first quarter worth $32,000. Elevation Wealth Partners LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth $52,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth $53,000.
Global X U.S. Infrastructure Development ETF Stock Performance
PAVE stock opened at $47.92 on Friday. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.26. The company’s fifty day moving average price is $46.93 and its 200-day moving average price is $43.69. The company has a market capitalization of $9.47 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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