Systelligence LLC Sells 5,903 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Systelligence LLC lessened its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,286 shares of the company’s stock after selling 5,903 shares during the quarter. Systelligence LLC owned 0.06% of Global X U.S. Infrastructure Development ETF worth $4,869,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. increased its holdings in Global X U.S. Infrastructure Development ETF by 1,029.7% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after buying an additional 659 shares during the period. Blue Trust Inc. increased its holdings in Global X U.S. Infrastructure Development ETF by 164.9% in the 2nd quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after buying an additional 508 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $33,000. First PREMIER Bank bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth about $39,000. Finally, Mather Group LLC. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $42,000.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE opened at $45.47 on Tuesday. The firm’s 50-day simple moving average is $40.89 and its 200-day simple moving average is $39.11. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The firm has a market cap of $8.71 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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.