Stonebridge Financial Planning Group LLC Sells 1,204 Shares of Global X U.S. Infrastructure Development ETF $PAVE

Stonebridge Financial Planning Group LLC reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 18.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 5,270 shares of the company’s stock after selling 1,204 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $230,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC increased its stake in Global X U.S. Infrastructure Development ETF by 1.3% during the second quarter. Sequoia Financial Advisors LLC now owns 17,961 shares of the company’s stock worth $783,000 after acquiring an additional 225 shares during the last quarter. Jacobi Capital Management LLC increased its stake in Global X U.S. Infrastructure Development ETF by 2.4% during the first quarter. Jacobi Capital Management LLC now owns 10,897 shares of the company’s stock worth $411,000 after acquiring an additional 256 shares during the last quarter. Insight Advisors LLC PA increased its stake in Global X U.S. Infrastructure Development ETF by 0.9% during the second quarter. Insight Advisors LLC PA now owns 28,739 shares of the company’s stock worth $1,252,000 after acquiring an additional 270 shares during the last quarter. IFG Advisory LLC increased its stake in Global X U.S. Infrastructure Development ETF by 3.4% during the first quarter. IFG Advisory LLC now owns 8,287 shares of the company’s stock worth $313,000 after acquiring an additional 274 shares during the last quarter. Finally, Choreo LLC increased its stake in Global X U.S. Infrastructure Development ETF by 1.6% during the first quarter. Choreo LLC now owns 18,317 shares of the company’s stock worth $691,000 after acquiring an additional 281 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $47.61 on Wednesday. The business’s 50 day moving average is $47.24 and its two-hundred day moving average is $44.55. Global X U.S. Infrastructure Development ETF has a 1-year low of $32.65 and a 1-year high of $46.26. The stock has a market capitalization of $9.41 billion, a P/E ratio of 23.34 and a beta of 1.24.

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.