New Millennium Group LLC Sells 124,780 Shares of Global X U.S. Infrastructure Development ETF $PAVE

New Millennium Group LLC lessened its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 98.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,617 shares of the company’s stock after selling 124,780 shares during the period. New Millennium Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $77,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 4.2% in the third quarter. JPMorgan Chase & Co. now owns 3,630,122 shares of the company’s stock worth $172,903,000 after acquiring an additional 145,059 shares during the period. Laurel Wealth Advisors LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 4,209.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,694,465 shares of the company’s stock worth $117,425,000 after purchasing an additional 2,631,947 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 5.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,117,699 shares of the company’s stock worth $100,866,000 after purchasing an additional 104,040 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 1.5% in the 2nd quarter. Raymond James Financial Inc. now owns 1,559,130 shares of the company’s stock valued at $67,947,000 after purchasing an additional 22,547 shares during the last quarter. Finally, CW Advisors LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 19.4% in the 2nd quarter. CW Advisors LLC now owns 1,401,130 shares of the company’s stock valued at $61,061,000 after purchasing an additional 227,349 shares during the last quarter.

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

Shares of BATS PAVE opened at $55.29 on Friday. Global X U.S. Infrastructure Development ETF has a twelve month low of $32.65 and a twelve month high of $56.74. The firm has a fifty day simple moving average of $51.07 and a 200 day simple moving average of $48.53. The company has a market capitalization of $10.92 billion, a PE ratio of 23.34 and a beta of 1.24.

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