Ameraudi Asset Management Inc. Sells 105,112 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Ameraudi Asset Management Inc. cut its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 86.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,964 shares of the company’s stock after selling 105,112 shares during the quarter. Ameraudi Asset Management Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $645,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the third quarter worth about $295,000. D.A. Davidson & CO. grew its position in shares of Global X U.S. Infrastructure Development ETF by 35.3% in the third quarter. D.A. Davidson & CO. now owns 38,246 shares of the company’s stock valued at $1,574,000 after purchasing an additional 9,974 shares in the last quarter. FMR LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 18.2% during the 3rd quarter. FMR LLC now owns 36,497 shares of the company’s stock valued at $1,502,000 after buying an additional 5,619 shares in the last quarter. Townsquare Capital LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 35.7% during the third quarter. Townsquare Capital LLC now owns 8,506 shares of the company’s stock valued at $350,000 after buying an additional 2,238 shares during the period. Finally, Arete Wealth Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.3% in the third quarter. Arete Wealth Advisors LLC now owns 9,579 shares of the company’s stock worth $392,000 after buying an additional 898 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 9.3 %

Shares of BATS:PAVE opened at $37.59 on Friday. The company has a 50 day moving average of $40.52 and a 200 day moving average of $41.60. The stock has a market cap of $7.73 billion, a P/E ratio of 21.38 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a 12 month low of $35.72 and a 12 month high of $46.18.

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.