Intrepid Financial Planning Group LLC Decreases Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Intrepid Financial Planning Group LLC cut its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,146 shares of the company’s stock after selling 865 shares during the period. Intrepid Financial Planning Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $953,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Signaturefd LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 10.2% during the second quarter. Signaturefd LLC now owns 3,254 shares of the company’s stock valued at $120,000 after buying an additional 300 shares during the last quarter. Cascade Financial Partners LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 1.3% during the second quarter. Cascade Financial Partners LLC now owns 27,603 shares of the company’s stock valued at $1,022,000 after buying an additional 353 shares during the last quarter. BOKF NA grew its stake in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the second quarter. BOKF NA now owns 3,800 shares of the company’s stock valued at $141,000 after buying an additional 375 shares during the last quarter. IAM Advisory LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 0.5% during the second quarter. IAM Advisory LLC now owns 80,965 shares of the company’s stock valued at $2,997,000 after buying an additional 382 shares during the last quarter. Finally, Secure Asset Management LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 4.1% during the second quarter. Secure Asset Management LLC now owns 10,355 shares of the company’s stock valued at $383,000 after buying an additional 409 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE opened at $45.47 on Tuesday. The stock has a market cap of $8.71 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The stock’s 50 day moving average price is $40.89 and its 200-day moving average price is $39.11. 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.