Koa Wealth Management LLC Sells 1,297 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Koa Wealth Management LLC lowered its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,723 shares of the company’s stock after selling 1,297 shares during the quarter. Koa Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,470,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. raised its position in Global X U.S. Infrastructure Development ETF by 1,029.7% in the 2nd 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 period. Blue Trust Inc. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 164.9% during the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after buying an additional 508 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $33,000. First PREMIER Bank purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth approximately $39,000. Finally, Mather Group LLC. bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $42,000.

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

PAVE opened at $43.81 on Friday. The business has a fifty day moving average of $41.44 and a 200 day moving average of $39.26. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The stock has a market cap of $8.39 billion, a P/E 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.