Matauro LLC Trims Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Matauro LLC decreased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.2% during the first quarter, HoldingsChannel.com reports. The firm owned 13,931 shares of the company’s stock after selling 459 shares during the quarter. Matauro LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $526,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of PAVE. Northern Trust Corp increased its stake in shares of Global X U.S. Infrastructure Development ETF by 25.4% during the fourth quarter. Northern Trust Corp now owns 84,692 shares of the company’s stock valued at $3,422,000 after buying an additional 17,160 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at $771,000. US Bancorp DE increased its stake in shares of Global X U.S. Infrastructure Development ETF by 205.0% during the fourth quarter. US Bancorp DE now owns 20,514 shares of the company’s stock valued at $829,000 after buying an additional 13,787 shares during the period. Van ECK Associates Corp increased its stake in shares of Global X U.S. Infrastructure Development ETF by 25.7% during the fourth quarter. Van ECK Associates Corp now owns 129,667 shares of the company’s stock valued at $5,240,000 after buying an additional 26,484 shares during the period. Finally, Assetmark Inc. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 34.9% during the fourth quarter. Assetmark Inc. now owns 1,833 shares of the company’s stock valued at $74,000 after buying an additional 474 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 1.1%

Shares of Global X U.S. Infrastructure Development ETF stock opened at $41.90 on Friday. The firm has a market cap of $8.26 billion, a P/E ratio of 23.02 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12 month low of $32.65 and a 12 month high of $46.18. The stock’s fifty day moving average price is $39.72 and its 200-day moving average price is $40.59.

Global X U.S. Infrastructure Development ETF 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.