Mezzasalma Advisors LLC lessened its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 70.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,774 shares of the company’s stock after selling 18,218 shares during the period. Mezzasalma Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $408,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in Global X U.S. Infrastructure Development ETF by 3.7% during the 1st quarter. Bank of America Corp DE now owns 25,499,439 shares of the company’s stock worth $1,295,627,000 after purchasing an additional 903,562 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 43.3% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 8,938,139 shares of the company’s stock worth $454,147,000 after purchasing an additional 2,699,000 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 24.5% in the second quarter. Envestnet Asset Management Inc. now owns 5,089,117 shares of the company’s stock worth $299,851,000 after purchasing an additional 1,001,544 shares during the last quarter. Moss Adams Wealth Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.0% in the first quarter. Moss Adams Wealth Advisors LLC now owns 1,816,958 shares of the company’s stock valued at $92,320,000 after purchasing an additional 52,695 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 8.1% in the first quarter. Royal Bank of Canada now owns 1,610,656 shares of the company’s stock valued at $81,837,000 after purchasing an additional 120,091 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Trading Down 1.3%
Global X U.S. Infrastructure Development ETF stock traded down $0.72 during trading on Wednesday, hitting $52.82. 2,404,767 shares of the company were exchanged, compared to its average volume of 1,711,336. The business’s 50 day moving average is $54.86 and its 200 day moving average is $55.66. Global X U.S. Infrastructure Development ETF has a 52 week low of $45.44 and a 52 week high of $60.43. The company has a market capitalization of $10.44 billion, a P/E 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.
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