Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Creative Planning

Creative Planning trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,307 shares of the company’s stock after selling 2,778 shares during the period. Creative Planning’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PAVE. Oppenheimer & Co. Inc. lifted its stake in Global X U.S. Infrastructure Development ETF by 27.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 108,261 shares of the company’s stock worth $4,310,000 after acquiring an additional 23,246 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 3.4% in the fourth quarter. Schroder Investment Management Group now owns 509,278 shares of the company’s stock valued at $17,550,000 after purchasing an additional 16,705 shares during the period. Comerica Bank grew its holdings in shares of 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 valued at $1,534,000 after purchasing an additional 3,619 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Global X U.S. Infrastructure Development ETF by 38.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the company’s stock worth $263,000 after buying an additional 2,109 shares during the period. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $374,000.

Global X U.S. Infrastructure Development ETF Stock Down 0.3 %

BATS:PAVE opened at $40.92 on Wednesday. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The company has a fifty day simple moving average of $38.88 and a two-hundred day simple moving average of $38.49. The company has a market cap of $7.84 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.