Evoke Wealth LLC Reduces Position in Global X U.S. Infrastructure Development ETF $PAVE

Evoke Wealth LLC decreased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 27.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 56,891 shares of the company’s stock after selling 22,063 shares during the quarter. Evoke Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,738,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. AIFG Consultants Ltd. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.0% during the fourth quarter. AIFG Consultants Ltd. now owns 19,194 shares of the company’s stock worth $917,000 after buying an additional 189 shares in the last quarter. JNBA Financial Advisors grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 40.4% during the fourth quarter. JNBA Financial Advisors now owns 712 shares of the company’s stock worth $34,000 after buying an additional 205 shares in the last quarter. Valmark Advisers Inc. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.2% during the fourth quarter. Valmark Advisers Inc. now owns 9,778 shares of the company’s stock worth $467,000 after buying an additional 209 shares in the last quarter. Mutual Advisors LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 0.6% during the fourth quarter. Mutual Advisors LLC now owns 36,490 shares of the company’s stock worth $1,744,000 after buying an additional 227 shares in the last quarter. Finally, Smith Moore & CO. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.5% during the fourth quarter. Smith Moore & CO. now owns 16,305 shares of the company’s stock worth $779,000 after buying an additional 245 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 0.7%

Global X U.S. Infrastructure Development ETF stock opened at $54.94 on Friday. Global X U.S. Infrastructure Development ETF has a 52-week low of $40.61 and a 52-week high of $58.55. The firm has a market capitalization of $10.85 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The company has a fifty day simple moving average of $53.67 and a 200-day simple moving average of $51.60.

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.