Strategic Advisors LLC Has $636,000 Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Strategic Advisors LLC reduced its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 49.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,444 shares of the company’s stock after selling 15,242 shares during the quarter. Strategic Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $636,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 27.3% in the first 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 during the period. Schroder Investment Management Group lifted its stake in 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 buying an additional 16,705 shares during the period. Granite Bay Wealth Management LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $3,081,000. Comerica Bank lifted 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 valued at $1,534,000 after buying an additional 3,619 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in Global X U.S. Infrastructure Development ETF by 38.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the company’s stock valued at $263,000 after buying an additional 2,109 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.0 %

PAVE traded up $0.41 during trading on Thursday, hitting $41.33. The company’s stock had a trading volume of 687,094 shares. The stock’s fifty day moving average price is $38.94 and its 200-day moving average price is $38.52. The firm has a market capitalization of $7.92 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80.

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.