Tandem Capital Management Corp ADV Reduces Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Tandem Capital Management Corp ADV trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,250 shares of the company’s stock after selling 1,020 shares during the period. Tandem Capital Management Corp ADV’s holdings in Global X U.S. Infrastructure Development ETF were worth $607,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of PAVE. Farmers & Merchants Investments Inc. lifted its stake in shares of 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 buying an additional 659 shares in the last quarter. Blue Trust Inc. lifted its position 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 worth $32,000 after acquiring an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth $33,000. Richardson Capital Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 422.5% in the first quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock worth $39,000 after acquiring an additional 790 shares during the period. Finally, First PREMIER Bank purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at $39,000.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE stock traded down $0.06 during mid-day trading on Friday, reaching $41.45. 589,742 shares of the company traded hands. The company has a fifty day moving average price of $39.87 and a 200-day moving average price of $38.69. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The company has a market capitalization of $7.94 billion, a P/E ratio of 20.28 and a beta of 1.13.

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.