Global X U.S. Infrastructure Development ETF $PAVE Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 83.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 87,816 shares of the company’s stock after selling 430,362 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,610,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Bank of America Corp DE increased its stake in shares of Global X U.S. Infrastructure Development ETF by 3.7% during the first quarter. Bank of America Corp DE now owns 25,499,439 shares of the company’s stock valued at $1,295,627,000 after buying an additional 903,562 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its stake in 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 acquiring an additional 2,699,000 shares during the period. Envestnet Asset Management Inc. lifted its stake in 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 acquiring an additional 1,001,544 shares during the period. Royal Bank of Canada boosted its holdings in 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 acquiring an additional 120,091 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 46.0% in the first quarter. Principal Financial Group Inc. now owns 1,567,475 shares of the company’s stock valued at $79,643,000 after acquiring an additional 494,075 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 2.2%

BATS:PAVE opened at $54.49 on Friday. The firm’s fifty day simple moving average is $53.73 and its 200 day simple moving average is $54.69. The stock has a market cap of $10.77 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a twelve month low of $45.44 and a twelve month high of $60.43.

About Global X U.S. Infrastructure Development ETF

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.