Global X U.S. Infrastructure Development ETF (BATS:PAVE) Stock Position Decreased by Private Trust Co. NA

Private Trust Co. NA lowered its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 12.0% during the third quarter, HoldingsChannel.com reports. The fund owned 15,920 shares of the company’s stock after selling 2,173 shares during the period. Private Trust Co. NA’s holdings in Global X U.S. Infrastructure Development ETF were worth $655,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Sequoia Financial Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock worth $812,000 after purchasing an additional 422 shares during the last quarter. Raymond James & Associates lifted its stake in Global X U.S. Infrastructure Development ETF by 64.3% in the third quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock valued at $32,148,000 after buying an additional 305,548 shares during the last quarter. Granite Bay Wealth Management LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter valued at $3,081,000. Comerica Bank grew its position in shares of Global X U.S. Infrastructure Development ETF by 10.4% during the first quarter. Comerica Bank now owns 38,523 shares of the company’s stock worth $1,534,000 after acquiring an additional 3,619 shares during the last quarter. Finally, HBW Advisory Services LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 132.0% in the 3rd quarter. HBW Advisory Services LLC now owns 362,258 shares of the company’s stock worth $14,911,000 after acquiring an additional 206,101 shares during the period.

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

Shares of BATS:PAVE opened at $45.83 on Wednesday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The company has a market cap of $8.78 billion, a PE ratio of 20.28 and a beta of 1.13. The company’s 50-day moving average price is $42.36 and its 200 day moving average price is $39.59.

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.