CreativeOne Wealth LLC Cuts Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

CreativeOne Wealth LLC cut its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 14.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 84,379 shares of the company’s stock after selling 13,838 shares during the quarter. CreativeOne Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,410,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its position in Global X U.S. Infrastructure Development ETF by 7.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock worth $2,085,000 after buying an additional 3,593 shares during the last quarter. Ameliora Wealth Management Ltd. purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $162,000. Proficio Capital Partners LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $771,000. JPMorgan Chase & Co. boosted its holdings in Global X U.S. Infrastructure Development ETF by 10.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after purchasing an additional 64,843 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in Global X U.S. Infrastructure Development ETF by 1.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 193,541 shares of the company’s stock worth $7,821,000 after purchasing an additional 3,410 shares during the period.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE opened at $36.64 on Tuesday. Global X U.S. Infrastructure Development ETF has a 12 month low of $32.65 and a 12 month high of $46.18. The stock has a market capitalization of $7.47 billion, a P/E ratio of 21.56 and a beta of 1.21. The business has a 50 day simple moving average of $38.81 and a 200-day simple moving average of $41.25.

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.