Financial Counselors Inc. Sells 1,066 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Financial Counselors Inc. trimmed its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,129 shares of the company’s stock after selling 1,066 shares during the period. Financial Counselors Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $993,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. raised its stake 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 valued at $27,000 after purchasing an additional 659 shares during the period. Blue Trust Inc. grew its holdings 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 in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth about $33,000. First PREMIER Bank acquired a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at approximately $39,000. Finally, Howe & Rusling Inc. bought a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at approximately $39,000.

Global X U.S. Infrastructure Development ETF Stock Up 0.4 %

BATS:PAVE opened at $45.75 on Friday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a market cap of $8.76 billion, a P/E ratio of 20.28 and a beta of 1.13. The business has a 50 day moving average price of $42.68 and a two-hundred day moving average price of $39.72.

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.