OLD National Bancorp IN cut its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 55.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,604 shares of the company’s stock after selling 8,133 shares during the period. OLD National Bancorp IN’s holdings in Global X U.S. Infrastructure Development ETF were worth $288,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jacobi Capital Management LLC boosted its position in Global X U.S. Infrastructure Development ETF by 2.4% in the first quarter. Jacobi Capital Management LLC now owns 10,897 shares of the company’s stock valued at $411,000 after buying an additional 256 shares in the last quarter. International Assets Investment Management LLC boosted its position in Global X U.S. Infrastructure Development ETF by 3.6% in the first quarter. International Assets Investment Management LLC now owns 7,682 shares of the company’s stock valued at $290,000 after buying an additional 267 shares in the last quarter. IFG Advisory LLC boosted its position in Global X U.S. Infrastructure Development ETF by 3.4% in the first quarter. IFG Advisory LLC now owns 8,287 shares of the company’s stock valued at $313,000 after buying an additional 274 shares in the last quarter. Choreo LLC boosted its position in Global X U.S. Infrastructure Development ETF by 1.6% in the first quarter. Choreo LLC now owns 18,317 shares of the company’s stock valued at $691,000 after buying an additional 281 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its position in Global X U.S. Infrastructure Development ETF by 4.7% in the first quarter. Kovitz Investment Group Partners LLC now owns 6,950 shares of the company’s stock valued at $262,000 after buying an additional 313 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Stock Up 14.7%
BATS:PAVE opened at $47.54 on Wednesday. Global X U.S. Infrastructure Development ETF has a 12 month low of $32.65 and a 12 month high of $46.26. The firm has a market cap of $9.39 billion, a PE ratio of 23.34 and a beta of 1.24. The company’s 50-day moving average price is $46.53 and its two-hundred day moving average price is $42.87.
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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