Rockefeller Capital Management L.P. Lowers Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Rockefeller Capital Management L.P. decreased its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 250,835 shares of the company’s stock after selling 7,633 shares during the period. Rockefeller Capital Management L.P.’s holdings in Global X U.S. Infrastructure Development ETF were worth $10,324,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank grew its stake in Global X U.S. Infrastructure Development ETF by 10.4% in the first quarter. Comerica Bank now owns 38,523 shares of the company’s stock worth $1,534,000 after purchasing an additional 3,619 shares during the period. Walleye Trading LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 215.7% in the 1st quarter. Walleye Trading LLC now owns 8,196 shares of the company’s stock worth $326,000 after buying an additional 5,600 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $77,000. Mather Group LLC. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $42,000. Finally, NBC Securities Inc. lifted its position in Global X U.S. Infrastructure Development ETF by 17.9% during the 2nd quarter. NBC Securities Inc. now owns 23,056 shares of the company’s stock valued at $853,000 after acquiring an additional 3,507 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $45.58 on Tuesday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The firm’s 50-day simple moving average is $42.78 and its two-hundred day simple moving average is $39.77. The stock has a market cap of $8.73 billion, a PE ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF 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.