Mill Creek Capital Advisors LLC Trims Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Mill Creek Capital Advisors LLC trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 10,111 shares of the company’s stock after selling 488 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $416,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. lifted its stake in Global X U.S. Infrastructure Development ETF by 1,029.7% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after acquiring an additional 659 shares during the period. Blue Trust Inc. lifted its position in Global X U.S. Infrastructure Development ETF by 164.9% during the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after purchasing an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at about $33,000. First PREMIER Bank purchased a new stake in Global X U.S. Infrastructure Development ETF in the third quarter worth about $39,000. Finally, Clear Point Advisors Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth about $40,000.

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

Shares of BATS:PAVE opened at $43.81 on Monday. The stock has a 50 day moving average of $41.44 and a 200 day moving average of $39.29. The company has a market cap of $8.39 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month 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.