Orion Portfolio Solutions LLC Has $1.16 Million Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Orion Portfolio Solutions LLC decreased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 23.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 28,166 shares of the company’s stock after selling 8,664 shares during the period. Orion Portfolio Solutions LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,159,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 1,029.7% during the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock worth $27,000 after purchasing an additional 659 shares during the last quarter. Blue Trust Inc. raised 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 worth $32,000 after acquiring 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 worth $33,000. First PREMIER Bank bought a new stake in Global X U.S. Infrastructure Development ETF during the third quarter worth $39,000. Finally, Howe & Rusling Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the third quarter worth $39,000.

Global X U.S. Infrastructure Development ETF Trading Down 0.8 %

BATS PAVE opened at $43.17 on Friday. The firm’s fifty day moving average price is $43.41 and its two-hundred day moving average price is $40.10. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The firm has a market capitalization of $8.27 billion, a P/E 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.