Tandem Capital Management Corp ADV Sells 600 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Tandem Capital Management Corp ADV lowered its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.7% in the third quarter, Holdings Channel reports. The firm owned 15,670 shares of the company’s stock after selling 600 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in Global X U.S. Infrastructure Development ETF were worth $645,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. JFS Wealth Advisors LLC bought a new position in Global X U.S. Infrastructure Development ETF in the third quarter valued at $1,328,000. Eagle Strategies LLC grew its position in Global X U.S. Infrastructure Development ETF by 24.4% in the third quarter. Eagle Strategies LLC now owns 327,572 shares of the company’s stock valued at $13,483,000 after purchasing an additional 64,210 shares in the last quarter. Valmark Advisers Inc. grew its position in Global X U.S. Infrastructure Development ETF by 5.1% in the third quarter. Valmark Advisers Inc. now owns 10,705 shares of the company’s stock valued at $441,000 after purchasing an additional 518 shares in the last quarter. Goldstein Advisors LLC bought a new position in Global X U.S. Infrastructure Development ETF in the third quarter valued at $6,630,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in Global X U.S. Infrastructure Development ETF by 15.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 47,068 shares of the company’s stock valued at $1,937,000 after purchasing an additional 6,358 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 0.0 %

Global X U.S. Infrastructure Development ETF stock opened at $41.48 on Thursday. The company has a market cap of $7.95 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The company has a fifty day simple moving average of $40.20 and a 200 day simple moving average of $38.78.

Global X U.S. Infrastructure Development ETF 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.