LPL Financial LLC Has $209.99 Million Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

LPL Financial LLC lessened its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,672,205 shares of the company’s stock after selling 441,649 shares during the quarter. LPL Financial LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $209,985,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock worth $27,000 after buying an additional 659 shares during the period. Blue Trust Inc. lifted 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 valued at $32,000 after acquiring an additional 508 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $33,000. Richardson Capital Management LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 422.5% in the 1st quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock worth $39,000 after purchasing an additional 790 shares during the last quarter. Finally, Bell Investment Advisors Inc increased its position in shares of Global X U.S. Infrastructure Development ETF by 1,370.8% during the 1st quarter. Bell Investment Advisors Inc now owns 1,059 shares of the company’s stock worth $42,000 after purchasing an additional 987 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.7 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $37.72 on Thursday. The stock has a market capitalization of $7.22 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The firm’s 50-day moving average price is $38.12 and its two-hundred day moving average price is $38.21. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

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.