WT Wealth Management Decreases Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

WT Wealth Management decreased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVEFree Report) by 35.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,761 shares of the company’s stock after selling 32,058 shares during the period. WT Wealth Management’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,031,000 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 recently made changes to their positions in the business. Meridian Wealth Management LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 9.5% during the 4th quarter. Meridian Wealth Management LLC now owns 68,651 shares of the company’s stock valued at $2,366,000 after buying an additional 5,970 shares in the last quarter. Barings LLC raised its stake in Global X U.S. Infrastructure Development ETF by 102.9% in the 4th quarter. Barings LLC now owns 28,426 shares of the company’s stock valued at $980,000 after purchasing an additional 14,415 shares during the last quarter. Wade G W & Inc. raised its stake in Global X U.S. Infrastructure Development ETF by 2.6% in the 4th quarter. Wade G W & Inc. now owns 50,319 shares of the company’s stock valued at $1,734,000 after purchasing an additional 1,279 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $963,000. Finally, Janney Montgomery Scott LLC raised its stake in Global X U.S. Infrastructure Development ETF by 1.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 111,126 shares of the company’s stock valued at $3,829,000 after purchasing an additional 1,428 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE traded up $0.03 during mid-day trading on Friday, hitting $38.98. The stock had a trading volume of 1,179,320 shares. The firm’s 50 day moving average is $38.65 and its 200 day moving average is $35.47. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The stock has a market capitalization of $7.47 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Global X U.S. Infrastructure Development ETF (BATS:PAVE)

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