Evoke Wealth LLC Trims Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Evoke Wealth LLC trimmed its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 13.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,460 shares of the company’s stock after selling 6,066 shares during the period. Global X U.S. Infrastructure Development ETF makes up about 1.7% of Evoke Wealth LLC’s portfolio, making the stock its 7th biggest position. Evoke Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Farmers & Merchants Investments Inc. lifted its stake in Global X U.S. Infrastructure Development ETF by 1,029.7% in the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock worth $27,000 after purchasing an additional 659 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 164.9% during the 2nd quarter. Blue Trust Inc. now owns 816 shares of the company’s stock worth $32,000 after acquiring an additional 508 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at $33,000. Richardson Capital Management LLC grew its position in 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 acquiring an additional 790 shares during the last quarter. Finally, Bell Investment Advisors Inc grew its position in Global X U.S. Infrastructure Development ETF by 1,370.8% in the 1st quarter. Bell Investment Advisors Inc now owns 1,059 shares of the company’s stock valued at $42,000 after acquiring an additional 987 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 0.6 %

Shares of PAVE opened at $40.48 on Friday. The firm has a fifty day moving average price of $38.45 and a 200-day moving average price of $38.30. The firm has a market capitalization of $7.75 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80.

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.