Castle Rock Wealth Management LLC lowered its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 76.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,458 shares of the company’s stock after selling 21,384 shares during the quarter. Castle Rock Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $271,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Sofi Wealth LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $28,000. Crowley Wealth Management Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $28,000. Hanson & Doremus Investment Management purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $28,000. Key Financial Inc increased its position in Global X U.S. Infrastructure Development ETF by 613.2% during the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock worth $31,000 after purchasing an additional 650 shares in the last quarter. Finally, Synergy Asset Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $38,000.
Global X U.S. Infrastructure Development ETF Trading Up 1.5%
Global X U.S. Infrastructure Development ETF stock opened at $42.09 on Wednesday. The stock has a market cap of $8.14 billion, a PE ratio of 23.02 and a beta of 1.24. The stock has a 50-day moving average price of $38.46 and a 200 day moving average price of $40.76. Global X U.S. Infrastructure Development ETF has a 52 week low of $32.65 and a 52 week high of $46.18.
About Global X U.S. Infrastructure Development ETF
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.
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