WealthCare Investment Partners LLC Trims Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

WealthCare Investment Partners LLC trimmed its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 28.8% during the second quarter, Holdings Channel.com reports. The firm owned 39,120 shares of the company’s stock after selling 15,806 shares during the period. WealthCare Investment Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,214,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. purchased a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at about $25,000. Sunbelt Securities Inc. purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter valued at approximately $26,000. Worth Asset Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the first quarter valued at $29,000. Zions Bancorporation N.A. bought a new stake in Global X U.S. Infrastructure Development ETF in the first quarter valued at $31,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in Global X U.S. Infrastructure Development ETF in the first quarter valued at $36,000.

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

PAVE stock traded up $0.10 during mid-day trading on Tuesday, reaching $31.04. The company had a trading volume of 483,277 shares. The stock has a market capitalization of $4.87 billion, a P/E ratio of 10.90 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The stock’s 50-day simple moving average is $31.85 and its two-hundred day simple moving average is $29.66.

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.