Grandview Asset Management LLC Sells 392 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Grandview Asset Management LLC lowered its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 7,529 shares of the company’s stock after selling 392 shares during the period. Grandview Asset Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $310,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Principal Financial Group Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the first quarter valued at $103,108,000. Bank of Montreal Can raised its holdings in Global X U.S. Infrastructure Development ETF by 11.0% in the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock valued at $726,044,000 after acquiring an additional 1,928,517 shares during the period. Cetera Investment Advisers raised its holdings in Global X U.S. Infrastructure Development ETF by 325.0% in the 1st quarter. Cetera Investment Advisers now owns 922,494 shares of the company’s stock valued at $36,724,000 after acquiring an additional 705,438 shares during the period. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management lifted its position in Global X U.S. Infrastructure Development ETF by 84.5% during the second quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock worth $34,761,000 after acquiring an additional 430,000 shares during the last quarter. Finally, Evergreen Capital Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth approximately $15,437,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS PAVE traded up $0.35 during trading hours on Friday, reaching $41.02. 847,266 shares of the stock were exchanged. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The stock’s fifty day simple moving average is $38.85 and its 200 day simple moving average is $38.48. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80.

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.