Sharkey Howes & Javer Sells 169,106 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Sharkey Howes & Javer lessened its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 71.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,955 shares of the company’s stock after selling 169,106 shares during the period. Sharkey Howes & Javer’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,797,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Signaturefd LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 10.2% during the second quarter. Signaturefd LLC now owns 3,254 shares of the company’s stock valued at $120,000 after purchasing an additional 300 shares in the last quarter. American Institute for Advanced Investment Management LLP boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 0.7% during the first quarter. American Institute for Advanced Investment Management LLP now owns 43,969 shares of the company’s stock valued at $1,750,000 after purchasing an additional 324 shares in the last quarter. Trademark Financial Management LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 1.6% during the first quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock valued at $860,000 after purchasing an additional 336 shares in the last quarter. Cascade Financial Partners LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 1.3% during the second quarter. Cascade Financial Partners LLC now owns 27,603 shares of the company’s stock valued at $1,022,000 after purchasing an additional 353 shares in the last quarter. Finally, BOKF NA boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the second quarter. BOKF NA now owns 3,800 shares of the company’s stock valued at $141,000 after purchasing an additional 375 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 0.3 %

Shares of PAVE stock traded up $0.11 during mid-day trading on Monday, reaching $42.49. 462,691 shares of the stock traded hands. The stock’s fifty day simple moving average is $39.61 and its two-hundred day simple moving average is $38.64. The company has a market cap of $8.14 billion, a price-to-earnings 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.

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.