Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 86.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,635 shares of the company’s stock after selling 10,269 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Global X U.S. Infrastructure Development ETF were worth $56,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PAVE. LPL Financial LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 29.3% during the 3rd quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock valued at $187,562,000 after purchasing an additional 1,400,747 shares in the last quarter. Meitav Investment House Ltd. grew its position in Global X U.S. Infrastructure Development ETF by 131.6% during the third quarter. Meitav Investment House Ltd. now owns 1,706,649 shares of the company’s stock valued at $52,526,000 after buying an additional 969,863 shares during the period. JPMorgan Chase & Co. increased its holdings in Global X U.S. Infrastructure Development ETF by 25.9% in the third quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock valued at $137,702,000 after buying an additional 932,741 shares in the last quarter. Schroder Investment Management Group acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth about $14,964,000. Finally, Congress Wealth Management LLC DE boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 18.6% during the 4th quarter. Congress Wealth Management LLC DE now owns 2,956,322 shares of the company’s stock worth $101,875,000 after acquiring an additional 463,636 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 0.4 %

Shares of BATS:PAVE traded up $0.16 during trading on Monday, reaching $38.29. 625,229 shares of the company’s stock traded hands. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The company has a 50-day simple moving average of $38.31 and a 200-day simple moving average of $34.61. The firm has a market cap of $7.39 billion, a PE ratio of 20.75 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF 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.