Fifth Third Securities Inc. Has $2.18 Million Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Fifth Third Securities Inc. lessened its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 25.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,801 shares of the company’s stock after selling 19,060 shares during the period. Fifth Third Securities Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,182,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. U S Global Investors Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $34,000. Register Financial Advisors LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $35,000. Richardson Capital Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 422.5% in the 1st quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock valued at $39,000 after buying an additional 790 shares during the last quarter. First United Bank & Trust bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $54,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $61,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $36.40 on Tuesday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The stock’s 50-day moving average is $38.12 and its 200 day moving average is $36.98. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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.