Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by GenTrust LLC

GenTrust LLC reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 98.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,048 shares of the company’s stock after selling 1,253,066 shares during the quarter. GenTrust LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $907,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PAVE. Bank of Montreal Can lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 11.0% in the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock valued at $726,044,000 after purchasing an additional 1,928,517 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 325.0% in the first quarter. Cetera Investment Advisers now owns 922,494 shares of the company’s stock valued at $36,724,000 after acquiring an additional 705,438 shares during the period. Axxcess Wealth Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% during the third quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock worth $27,909,000 after acquiring an additional 627,585 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 84.5% in the 2nd quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock valued at $34,761,000 after acquiring an additional 430,000 shares during the period. Finally, Evergreen Capital Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $15,437,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS:PAVE opened at $45.37 on Friday. The stock has a market cap of $8.69 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The firm has a fifty day moving average price of $42.09 and a 200 day moving average price of $39.49.

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.