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

Bensler LLC trimmed its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 592,156 shares of the company’s stock after selling 49,825 shares during the period. Global X U.S. Infrastructure Development ETF accounts for approximately 3.1% of Bensler LLC’s holdings, making the stock its 5th largest holding. Bensler LLC owned approximately 0.31% of Global X U.S. Infrastructure Development ETF worth $24,373,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock worth $27,000 after purchasing an additional 659 shares during the last quarter. Blue Trust Inc. boosted 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 buying an additional 508 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Global X U.S. Infrastructure Development ETF during the second quarter worth about $33,000. First PREMIER Bank bought a new stake in Global X U.S. Infrastructure Development ETF during the third quarter worth about $39,000. Finally, Clear Point Advisors Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the second quarter worth about $40,000.

Global X U.S. Infrastructure Development ETF Stock Down 0.7 %

BATS:PAVE opened at $44.89 on Friday. The stock’s 50 day moving average price is $40.53 and its two-hundred day moving average price is $38.94. The firm has a market capitalization of $8.60 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-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.