Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.1% in the 4th quarter, HoldingsChannel reports. The firm owned 779,825 shares of the company’s stock after selling 901 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up 5.4% of Evolution Wealth Advisors LLC’s portfolio, making the stock its 4th largest position. Evolution Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $26,873,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of PAVE. SRS Capital Advisors Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $25,000. Sunbelt Securities Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $26,000. Crewe Advisors LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 1,094.0% in the 3rd quarter. Crewe Advisors LLC now owns 1,003 shares of the company’s stock valued at $30,000 after acquiring an additional 919 shares during the last quarter. Impact Partnership Wealth LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at $31,000. Finally, Zions Bancorporation N.A. acquired a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $31,000.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE traded down $0.07 during trading on Friday, hitting $37.29. The company’s stock had a trading volume of 1,302,041 shares. The firm’s 50 day moving average price is $38.08 and its 200-day moving average price is $34.19. The stock has a market cap of $7.20 billion, a PE ratio of 20.75 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80.

About Global X U.S. Infrastructure Development ETF

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.