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

WealthCare Investment Partners LLC cut its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 11.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,854 shares of the company’s stock after selling 3,897 shares during the period. WealthCare Investment Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Morgan Stanley boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 26.0% during the 3rd quarter. Morgan Stanley now owns 7,033,081 shares of the company’s stock worth $213,665,000 after purchasing an additional 1,452,495 shares during the period. LPL Financial LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 29.3% during the third quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock valued at $187,562,000 after buying an additional 1,400,747 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 25.9% in the third quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock worth $137,702,000 after buying an additional 932,741 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 6.4% in the second quarter. Wells Fargo & Company MN now owns 1,735,693 shares of the company’s stock worth $54,553,000 after buying an additional 104,956 shares during the period. Finally, Meitav Investment House Ltd. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 131.6% during the 3rd quarter. Meitav Investment House Ltd. now owns 1,706,649 shares of the company’s stock worth $52,526,000 after acquiring an additional 969,863 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Global X U.S. Infrastructure Development ETF stock traded up $0.56 during mid-day trading on Wednesday, hitting $39.72. The company’s stock had a trading volume of 1,502,811 shares. The company has a 50 day moving average of $36.58 and a 200-day moving average of $33.24. 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 has a market cap of $6.23 billion, a PE ratio of 10.90 and a beta of 1.27.

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.