Financial Partners Group Inc Sells 4,578 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Financial Partners Group Inc decreased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 144,238 shares of the company’s stock after selling 4,578 shares during the quarter. Financial Partners Group Inc owned 0.08% of Global X U.S. Infrastructure Development ETF worth $5,340,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 1858 Wealth Management LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 131.5% during the second quarter. 1858 Wealth Management LLC now owns 14,457 shares of the company’s stock valued at $535,000 after purchasing an additional 8,212 shares during the period. WealthCare Investment Partners LLC boosted its position in Global X U.S. Infrastructure Development ETF by 52.8% in the 2nd quarter. WealthCare Investment Partners LLC now owns 37,756 shares of the company’s stock valued at $1,398,000 after buying an additional 13,053 shares during the period. Brookstone Capital Management grew its stake in Global X U.S. Infrastructure Development ETF by 3.9% in the 2nd quarter. Brookstone Capital Management now owns 26,263 shares of the company’s stock worth $1,023,000 after acquiring an additional 974 shares in the last quarter. Blue Trust Inc. increased its position in shares of Global X U.S. Infrastructure Development ETF by 164.9% during the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock worth $32,000 after acquiring an additional 508 shares during the period. Finally, ARS Investment Partners LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 4.1% during the second quarter. ARS Investment Partners LLC now owns 47,345 shares of the company’s stock valued at $1,753,000 after acquiring an additional 1,873 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 0.4 %

Shares of BATS PAVE traded down $0.15 during trading hours on Friday, reaching $38.08. The stock had a trading volume of 591,049 shares. The business’s fifty day moving average price is $37.74 and its two-hundred day moving average price is $37.93. The firm has a market cap of $7.29 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week 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.