Dumont & Blake Investment Advisors LLC Sells 31,339 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Dumont & Blake Investment Advisors LLC lowered its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 50.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,960 shares of the company’s stock after selling 31,339 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,274,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in PAVE. Signaturefd LLC boosted its holdings in 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 acquiring an additional 300 shares during the period. American Institute for Advanced Investment Management LLP grew its holdings in Global X U.S. Infrastructure Development ETF by 0.7% in the 1st quarter. American Institute for Advanced Investment Management LLP now owns 43,969 shares of the company’s stock valued at $1,750,000 after buying an additional 324 shares during the last quarter. Trademark Financial Management LLC increased its position in Global X U.S. Infrastructure Development ETF by 1.6% in the 1st quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock worth $860,000 after buying an additional 336 shares during the period. Cascade Financial Partners LLC lifted its holdings 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 worth $1,022,000 after buying an additional 353 shares during the last quarter. Finally, BOKF NA boosted its position in shares of Global X U.S. Infrastructure Development ETF by 10.9% in the second quarter. BOKF NA now owns 3,800 shares of the company’s stock valued at $141,000 after acquiring an additional 375 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 0.1 %

BATS PAVE traded down $0.06 during midday trading on Friday, hitting $41.45. The company had a trading volume of 589,742 shares. The firm has a fifty day simple moving average of $39.87 and a two-hundred day simple moving average of $38.69. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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.