WCG Wealth Advisors LLC Reduces Holdings in Global X U.S. Infrastructure Development ETF $PAVE

WCG Wealth Advisors LLC lessened its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 95.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,367 shares of the company’s stock after selling 237,559 shares during the period. WCG Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $539,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. GAMMA Investing LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at $71,000. Moss Adams Wealth Advisors LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 1.5% in the 2nd quarter. Moss Adams Wealth Advisors LLC now owns 1,041,197 shares of the company’s stock valued at $45,469,000 after buying an additional 15,268 shares during the period. Chicago Partners Investment Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at about $632,000. PMG Wealth Management Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $3,922,000. Finally, Barnes Pettey Financial Advisors LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth about $206,000.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE opened at $48.53 on Thursday. The company’s 50 day simple moving average is $47.60 and its 200 day simple moving average is $45.72. Global X U.S. Infrastructure Development ETF has a 1 year low of $32.65 and a 1 year high of $46.26. The stock has a market capitalization of $9.59 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.