Kingsview Wealth Management LLC Has $3.67 Million Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Kingsview Wealth Management LLC cut its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,187 shares of the company’s stock after selling 6,966 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,671,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Farmers & Merchants Investments Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 1,029.7% during the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock worth $27,000 after buying an additional 659 shares during the last quarter. Blue Trust Inc. raised its stake in Global X U.S. Infrastructure Development ETF by 164.9% in the 2nd quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after acquiring an additional 508 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at approximately $33,000. First PREMIER Bank bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $39,000. Finally, Howe & Rusling Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $39,000.

Global X U.S. Infrastructure Development ETF Stock Up 1.3 %

BATS:PAVE opened at $45.38 on Monday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The stock has a market cap of $8.69 billion, a P/E ratio of 20.28 and a beta of 1.13. The business’s 50-day moving average price is $42.09 and its two-hundred day moving average price is $39.50.

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.