Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by National Bank of Canada FI

National Bank of Canada FI reduced its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 333,965 shares of the company’s stock after selling 2,948 shares during the period. National Bank of Canada FI owned about 0.21% of Global X U.S. Infrastructure Development ETF worth $11,386,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in PAVE. Verdence Capital Advisors LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $207,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $1,439,000. Park Avenue Securities LLC increased its stake in Global X U.S. Infrastructure Development ETF by 4.8% in the third quarter. Park Avenue Securities LLC now owns 67,608 shares of the company’s stock valued at $2,054,000 after purchasing an additional 3,079 shares during the last quarter. Financial Advocates Investment Management raised its holdings in Global X U.S. Infrastructure Development ETF by 19.0% during the third quarter. Financial Advocates Investment Management now owns 189,529 shares of the company’s stock worth $5,920,000 after purchasing an additional 30,287 shares in the last quarter. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $447,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $38.81 on Thursday. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The stock has a market cap of $7.43 billion, a PE ratio of 20.28 and a beta of 1.13. The firm has a fifty day moving average price of $38.46 and a 200 day moving average price of $34.97.

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.