Elyxium Wealth LLC trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 17.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 63,998 shares of the company’s stock after selling 13,071 shares during the period. Elyxium Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,058,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in Global X U.S. Infrastructure Development ETF by 7.2% during the 3rd quarter. Bank of America Corp DE now owns 24,259,423 shares of the company’s stock valued at $1,155,476,000 after acquiring an additional 1,625,360 shares during the period. Bank of Montreal Can lifted its stake in Global X U.S. Infrastructure Development ETF by 4.4% during the 3rd quarter. Bank of Montreal Can now owns 23,774,892 shares of the company’s stock valued at $1,132,398,000 after acquiring an additional 1,001,842 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Global X U.S. Infrastructure Development ETF by 37.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,239,139 shares of the company’s stock valued at $299,095,000 after acquiring an additional 1,694,808 shares during the period. JPMorgan Chase & Co. lifted its stake in Global X U.S. Infrastructure Development ETF by 4.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,630,122 shares of the company’s stock valued at $172,903,000 after acquiring an additional 145,059 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $163,051,000.
Global X U.S. Infrastructure Development ETF Stock Performance
PAVE opened at $55.41 on Monday. The stock has a market capitalization of $10.95 billion, a P/E ratio of 23.34 and a beta of 1.24. The company’s 50-day simple moving average is $53.44 and its two-hundred day simple moving average is $51.40. Global X U.S. Infrastructure Development ETF has a 52-week low of $40.61 and a 52-week high of $58.55.
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.
See Also
- Five stocks we like better than Global X U.S. Infrastructure Development ETF
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Want to see what other hedge funds are holding PAVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report).
Receive News & Ratings for Global X U.S. Infrastructure Development ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Infrastructure Development ETF and related companies with MarketBeat.com's FREE daily email newsletter.
