177,241 Global X U.S. Infrastructure Development ETF $PAVE Shares Sold by HBW Advisory Services LLC

HBW Advisory Services LLC cut its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 61.7% during the third quarter, HoldingsChannel.com reports. The fund owned 109,844 shares of the company’s stock after selling 177,241 shares during the period. HBW Advisory Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $5,767,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in Global X U.S. Infrastructure Development ETF by 3.7% during the 1st quarter. Bank of America Corp DE now owns 25,499,439 shares of the company’s stock valued at $1,295,627,000 after acquiring an additional 903,562 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Global X U.S. Infrastructure Development ETF by 43.3% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 8,938,139 shares of the company’s stock worth $454,147,000 after purchasing an additional 2,699,000 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Global X U.S. Infrastructure Development ETF by 24.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,089,117 shares of the company’s stock worth $299,851,000 after purchasing an additional 1,001,544 shares in the last quarter. Moss Adams Wealth Advisors LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.0% during the 1st quarter. Moss Adams Wealth Advisors LLC now owns 1,816,958 shares of the company’s stock worth $92,320,000 after purchasing an additional 52,695 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 8.1% during the 1st quarter. Royal Bank of Canada now owns 1,610,656 shares of the company’s stock worth $81,837,000 after purchasing an additional 120,091 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $52.82 on Thursday. The stock’s 50 day simple moving average is $54.86 and its 200-day simple moving average is $55.66. The stock has a market cap of $10.44 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1-year low of $45.44 and a 1-year high of $60.43.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.