Global X U.S. Infrastructure Development ETF $PAVE Shares Sold by Royal Harbor Partners LLC

Royal Harbor Partners LLC cut its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 53.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,950 shares of the company’s stock after selling 47,053 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for 0.7% of Royal Harbor Partners LLC’s holdings, making the stock its 28th largest holding. Royal Harbor Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,785,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC grew its position in Global X U.S. Infrastructure Development ETF by 1.2% in the 1st quarter. LPL Financial LLC now owns 6,854,471 shares of the company’s stock valued at $258,619,000 after acquiring an additional 78,008 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 27.2% in the second quarter. Envestnet Asset Management Inc. now owns 2,013,659 shares of the company’s stock valued at $87,755,000 after purchasing an additional 430,335 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 2.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,823,163 shares of the company’s stock valued at $68,788,000 after purchasing an additional 50,644 shares during the period. Citigroup Inc. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 2,086.2% in the first quarter. Citigroup Inc. now owns 1,325,328 shares of the company’s stock valued at $50,005,000 after purchasing an additional 1,264,705 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.5% in the second quarter. Moss Adams Wealth Advisors LLC now owns 1,041,197 shares of the company’s stock valued at $45,469,000 after purchasing an additional 15,268 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 16.2%

Global X U.S. Infrastructure Development ETF stock opened at $48.17 on Thursday. Global X U.S. Infrastructure Development ETF has a 52-week low of $32.65 and a 52-week high of $46.26. The firm has a market cap of $9.52 billion, a PE ratio of 23.34 and a beta of 1.24. The company’s 50 day moving average is $47.41 and its two-hundred day moving average is $44.96.

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.