Vishria Bird Financial Group LLC Has $12.87 Million Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Vishria Bird Financial Group LLC reduced its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 312,666 shares of the company’s stock after selling 961 shares during the period. Global X U.S. Infrastructure Development ETF makes up 4.9% of Vishria Bird Financial Group LLC’s portfolio, making the stock its 7th biggest holding. Vishria Bird Financial Group LLC owned about 0.16% of Global X U.S. Infrastructure Development ETF worth $12,869,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of Montreal Can grew its stake in Global X U.S. Infrastructure Development ETF by 11.0% in the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock worth $726,044,000 after buying an additional 1,928,517 shares in the last quarter. Cetera Investment Advisers increased its stake in Global X U.S. Infrastructure Development ETF by 325.0% in the first quarter. Cetera Investment Advisers now owns 922,494 shares of the company’s stock valued at $36,724,000 after acquiring an additional 705,438 shares during the last quarter. Axxcess Wealth Management LLC raised its position in Global X U.S. Infrastructure Development ETF by 1,243.3% during the third quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock valued at $27,909,000 after purchasing an additional 627,585 shares in the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management lifted its stake in Global X U.S. Infrastructure Development ETF by 84.5% during the second quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock worth $34,761,000 after purchasing an additional 430,000 shares during the last quarter. Finally, Evergreen Capital Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $15,437,000.

Global X U.S. Infrastructure Development ETF Trading Down 0.6 %

Shares of BATS PAVE opened at $43.81 on Friday. The stock’s 50-day moving average is $41.44 and its 200 day moving average is $39.26. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

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.