Elyxium Wealth LLC Decreases Stock Position in Global X U.S. Infrastructure Development ETF $PAVE

Elyxium Wealth LLC reduced its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 14.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,069 shares of the company’s stock after selling 12,503 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up 1.3% of Elyxium Wealth LLC’s investment portfolio, making the stock its 22nd largest position. Elyxium Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,671,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Darwin Wealth Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $25,000. Root Financial Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at approximately $25,000. Atlantic Union Bankshares Corp purchased a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at approximately $26,000. Avalon Trust Co acquired a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at $29,000. Finally, Private Wealth Asset Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the second quarter worth $32,000.

Global X U.S. Infrastructure Development ETF Stock Up 32.0%

BATS PAVE opened at $54.73 on Friday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $32.65 and a fifty-two week high of $46.26. The business has a fifty day moving average of $49.89 and a 200-day moving average of $47.97. The stock has a market cap of $10.81 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.