Atria Investments Inc Reduces Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Atria Investments Inc trimmed its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 50.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,749 shares of the company’s stock after selling 20,132 shares during the period. Atria Investments Inc’s holdings in Global X U.S. Infrastructure Development ETF were worth $813,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Bank of Montreal Can increased its stake in shares of Global X U.S. Infrastructure Development ETF by 11.0% in the second quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock worth $726,044,000 after purchasing an additional 1,928,517 shares in the last quarter. Cetera Investment Advisers raised its holdings in Global X U.S. Infrastructure Development ETF by 325.0% during the first 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 raised its holdings 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 valued at $34,761,000 after acquiring an additional 430,000 shares during the period. Evergreen Capital Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at about $15,437,000. Finally, First Interstate Bank boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after acquiring an additional 357,771 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 0.5 %

Shares of PAVE opened at $44.02 on Tuesday. The business’s 50 day moving average is $41.57 and its 200 day moving average is $39.33. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The company has a market capitalization of $8.43 billion, a PE 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.