LWM Advisory Services LLC Sells 2,275 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

LWM Advisory Services LLC lessened its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,160 shares of the company’s stock after selling 2,275 shares during the period. Global X U.S. Infrastructure Development ETF makes up about 0.8% of LWM Advisory Services LLC’s investment portfolio, making the stock its 27th largest holding. LWM Advisory Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $867,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 29.3% in the 3rd quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock worth $187,562,000 after purchasing an additional 1,400,747 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 25.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock worth $137,702,000 after purchasing an additional 932,741 shares in the last quarter. Meitav Investment House Ltd. increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 23.3% in the 4th quarter. Meitav Investment House Ltd. now owns 2,104,227 shares of the company’s stock worth $72,746,000 after purchasing an additional 397,578 shares in the last quarter. UBS Group AG increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 19.4% in the 3rd quarter. UBS Group AG now owns 1,287,311 shares of the company’s stock worth $39,109,000 after purchasing an additional 208,753 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,235,068 shares of the company’s stock worth $42,560,000 after purchasing an additional 45,212 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 0.4 %

Shares of Global X U.S. Infrastructure Development ETF stock traded up $0.16 on Monday, reaching $38.29. The company’s stock had a trading volume of 625,229 shares. The company has a market capitalization of $7.39 billion, a price-to-earnings ratio of 20.75 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. The firm’s fifty day simple moving average is $38.27 and its two-hundred day simple moving average is $34.56.

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.