Mine & Arao Wealth Creation & Management LLC. Sells 492 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Mine & Arao Wealth Creation & Management LLC. reduced its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,447 shares of the company’s stock after selling 492 shares during the quarter. Mine & Arao Wealth Creation & Management LLC.’s holdings in Global X U.S. Infrastructure Development ETF were worth $718,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. increased 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 purchasing an additional 659 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of 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 buying an additional 508 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $33,000. First PREMIER Bank purchased a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $39,000. Finally, Clear Point Advisors Inc. bought a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at approximately $40,000.

Global X U.S. Infrastructure Development ETF Trading Down 0.7 %

Global X U.S. Infrastructure Development ETF stock opened at $44.89 on Friday. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The stock has a fifty day simple moving average of $40.53 and a two-hundred day simple moving average of $38.94. The firm has a market cap of $8.60 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.