LWM Advisory Services LLC cut its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 0.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 177,430 shares of the company’s stock after selling 993 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises 5.0% of LWM Advisory Services LLC’s holdings, making the stock its 5th biggest position. LWM Advisory Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $7,170,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. Avior Wealth Management LLC grew its position in Global X U.S. Infrastructure Development ETF by 3.9% during the third quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock worth $282,000 after buying an additional 254 shares in the last quarter. Crewe Advisors LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 17.4% during the fourth quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock valued at $80,000 after purchasing an additional 293 shares in the last quarter. Richardson Capital Management LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 8.3% during the third quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock valued at $176,000 after purchasing an additional 326 shares in the last quarter. Diversify Advisory Services LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 1.5% during the fourth quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock valued at $1,048,000 after purchasing an additional 380 shares in the last quarter. Finally, Tandem Capital Management Corp ADV boosted its holdings in Global X U.S. Infrastructure Development ETF by 2.6% during the fourth quarter. Tandem Capital Management Corp ADV now owns 16,070 shares of the company’s stock valued at $649,000 after purchasing an additional 400 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Trading Down 2.4 %
BATS PAVE opened at $40.44 on Friday. The stock’s 50 day moving average is $41.70 and its two-hundred day moving average is $41.47. The company has a market capitalization of $7.74 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.
Global X U.S. Infrastructure Development ETF Dividend Announcement
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.
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