Congress Wealth Management LLC DE reduced its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 18.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,408,055 shares of the company’s stock after selling 548,267 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for about 1.7% of Congress Wealth Management LLC DE’s investment portfolio, making the stock its 8th biggest holding. Congress Wealth Management LLC DE’s holdings in Global X U.S. Infrastructure Development ETF were worth $95,865,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. U S Global Investors Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $34,000. Register Financial Advisors LLC bought a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $35,000. Richardson Capital Management LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 422.5% during the 1st quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock valued at $39,000 after purchasing an additional 790 shares during the last quarter. First United Bank & Trust bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth $54,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth $61,000.
Global X U.S. Infrastructure Development ETF Stock Performance
Shares of BATS:PAVE traded down $0.62 during midday trading on Monday, reaching $36.40. 1,538,959 shares of the company’s stock traded hands. 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 $6.97 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The stock has a 50 day moving average of $38.12 and a 200 day moving average of $36.98.
Global X U.S. Infrastructure Development ETF Company 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.
See Also
- Five stocks we like better than Global X U.S. Infrastructure Development ETF
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- 5 Top Rated Dividend Stocks to Consider
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Want to see what other hedge funds are holding PAVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report).
Receive News & Ratings for Global X U.S. Infrastructure Development ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Infrastructure Development ETF and related companies with MarketBeat.com's FREE daily email newsletter.
