Bleakley Financial Group LLC Trims Stock Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Bleakley Financial Group LLC reduced its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 9.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 82,125 shares of the company’s stock after selling 8,998 shares during the period. Bleakley Financial Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,173,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of PAVE. Capital Asset Advisory Services LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 4.4% during the fourth quarter. Capital Asset Advisory Services LLC now owns 990,479 shares of the company’s stock worth $49,494,000 after acquiring an additional 41,513 shares during the period. Elm3 Financial Group LLC bought a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $440,000. First Interstate Bank raised its position in Global X U.S. Infrastructure Development ETF by 1.3% during the 4th quarter. First Interstate Bank now owns 1,212,934 shares of the company’s stock valued at $57,966,000 after purchasing an additional 15,183 shares in the last quarter. Stonebridge Financial Group LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3,578.4% in the 4th quarter. Stonebridge Financial Group LLC now owns 304,126 shares of the company’s stock worth $14,534,000 after buying an additional 295,858 shares during the period. Finally, Breachway Investments LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth $1,234,000.

Global X U.S. Infrastructure Development ETF Trading Down 0.1%

Shares of Global X U.S. Infrastructure Development ETF stock opened at $56.64 on Thursday. The firm has a market cap of $11.19 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12 month low of $43.87 and a 12 month high of $60.43. The stock’s fifty day moving average price is $56.92 and its 200-day moving average price is $54.10.

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.