BNP Paribas Financial Markets Has $486,000 Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

BNP Paribas Financial Markets reduced its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.8% during the third quarter, Holdings Channel.com reports. The fund owned 11,798 shares of the company’s stock after selling 601 shares during the period. BNP Paribas Financial Markets’ holdings in Global X U.S. Infrastructure Development ETF were worth $486,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 6.8% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 7,040 shares of the company’s stock worth $261,000 after acquiring an additional 447 shares in the last quarter. Blue Trust Inc. increased its position in Global X U.S. Infrastructure Development ETF by 164.9% in the 2nd quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after buying an additional 508 shares in the last quarter. Brookstone Capital Management increased its position in Global X U.S. Infrastructure Development ETF by 3.9% in the 2nd quarter. Brookstone Capital Management now owns 26,263 shares of the company’s stock valued at $1,023,000 after buying an additional 974 shares in the last quarter. Willner & Heller LLC grew its stake in Global X U.S. Infrastructure Development ETF by 9.0% in the second quarter. Willner & Heller LLC now owns 15,672 shares of the company’s stock valued at $580,000 after acquiring an additional 1,297 shares during the period. Finally, MONECO Advisors LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 4.1% during the second quarter. MONECO Advisors LLC now owns 38,022 shares of the company’s stock valued at $1,408,000 after acquiring an additional 1,484 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 0.9 %

Shares of BATS:PAVE opened at $43.17 on Friday. The stock’s 50 day moving average is $43.41 and its 200-day moving average is $40.09. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The firm has a market capitalization of $8.27 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Company 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.