Diversified LLC Has $489,000 Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Diversified LLC trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 11.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,871 shares of the company’s stock after selling 1,564 shares during the period. Diversified LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $489,000 as of its most recent filing with the Securities and Exchange Commission.

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

Global X U.S. Infrastructure Development ETF Stock Up 1.3 %

PAVE opened at $45.38 on Monday. The stock has a market capitalization of $8.69 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a 50-day simple moving average of $42.09 and a 200 day simple moving average of $39.50.

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.