Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. lessened its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,273 shares of the company’s stock after selling 1,383 shares during the period. Focus Financial Network Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,452,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Farmers & Merchants Investments Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock worth $27,000 after acquiring an additional 659 shares in the last quarter. Blue Trust Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 164.9% during the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock worth $32,000 after purchasing an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Global X U.S. Infrastructure Development ETF during the second quarter worth approximately $33,000. First PREMIER Bank purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $39,000. Finally, Mather Group LLC. acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $42,000.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $41.28 on Friday. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The company has a market capitalization of $7.91 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The firm’s fifty day moving average price is $40.29 and its 200 day moving average price is $38.82.

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.