Allworth Financial LP Decreases Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Allworth Financial LP decreased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.1% in the third quarter, Holdings Channel.com reports. The firm owned 97,055 shares of the company’s stock after selling 2,051 shares during the period. Allworth Financial LP’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,995,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Private Advisor Group LLC raised its position in Global X U.S. Infrastructure Development ETF by 8.4% in the 3rd quarter. Private Advisor Group LLC now owns 252,919 shares of the company’s stock worth $10,410,000 after purchasing an additional 19,666 shares during the period. WT Wealth Management grew its stake in shares of Global X U.S. Infrastructure Development ETF by 3.0% during the third quarter. WT Wealth Management now owns 56,763 shares of the company’s stock valued at $2,412,000 after buying an additional 1,657 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock worth $812,000 after buying an additional 422 shares during the period. AIFG Consultants Ltd. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $2,011,000. Finally, Cyndeo Wealth Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $1,097,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $41.21 on Friday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The business’s 50 day simple moving average is $40.00 and its two-hundred day simple moving average is $38.72. The stock has a market capitalization of $7.89 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.