Accel Wealth Management Has $693,000 Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Accel Wealth Management trimmed its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,407 shares of the company’s stock after selling 923 shares during the period. Accel Wealth Management’s holdings in Global X U.S. Infrastructure Development ETF were worth $693,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Richardson Capital Management LLC raised its position in Global X U.S. Infrastructure Development ETF by 422.5% during the first quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock valued at $39,000 after purchasing an additional 790 shares in the last quarter. U S Global Investors Inc. acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $34,000. Register Financial Advisors LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $35,000. First United Bank & Trust acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $54,000. Finally, Creekmur Asset Management LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $61,000.

Global X U.S. Infrastructure Development ETF Stock Up 0.8 %

Shares of BATS PAVE traded up $0.31 during midday trading on Thursday, reaching $36.92. 554,338 shares of the company were exchanged. The stock’s 50-day moving average price is $38.06 and its 200-day moving average price is $37.02. The stock has a market cap of $7.07 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80.

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.