Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by MGO Private Wealth LLC

MGO Private Wealth LLC trimmed its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,662 shares of the company’s stock after selling 3,872 shares during the period. Global X U.S. Infrastructure Development ETF makes up about 2.1% of MGO Private Wealth LLC’s portfolio, making the stock its 15th largest holding. MGO Private Wealth LLC owned 0.06% of Global X U.S. Infrastructure Development ETF worth $3,021,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. U S Global Investors Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $34,000. Crewe Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,094.0% during the third quarter. Crewe Advisors LLC now owns 1,003 shares of the company’s stock valued at $30,000 after purchasing an additional 919 shares during the last quarter. Register Financial Advisors LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $35,000. Fifth Third Bancorp purchased a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter worth about $34,000. Finally, Trifecta Capital Advisors LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $44,000.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE traded up $0.37 on Friday, hitting $38.13. 775,318 shares of the stock were exchanged. The company’s 50-day moving average price is $38.27 and its two-hundred day moving average price is $34.53. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The company has a market capitalization of $7.36 billion, a price-to-earnings 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.