BNP Paribas Financial Markets Has $486,000 Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

BNP Paribas Financial Markets decreased its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,798 shares of the company’s stock after selling 601 shares during the period. BNP Paribas Financial Markets’ holdings in Global X U.S. Infrastructure Development ETF were worth $486,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after acquiring an additional 659 shares in the last quarter. Blue Trust Inc. raised its position in Global X U.S. Infrastructure Development ETF by 164.9% in the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after purchasing an additional 508 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth about $33,000. First PREMIER Bank bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth about $39,000. Finally, Howe & Rusling Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $39,000.

Global X U.S. Infrastructure Development ETF Price Performance

BATS:PAVE opened at $43.17 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 company has a market cap of $8.27 billion, a PE ratio of 20.28 and a beta of 1.13. The firm’s 50 day simple moving average is $43.41 and its 200 day simple moving average is $40.09.

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.