IFP Advisors Inc decreased its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,149 shares of the company’s stock after selling 347 shares during the period. IFP Advisors Inc’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,138,000 at the end of the most recent reporting period.\n\nSeveral other hedge funds and other institutional investors have also modified their holdings of the stock. Webster Bank N. A. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the first quarter valued at about $29,000. Arlington Trust Co LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF in the first quarter valued at about $32,000. Glass Jacobson Investment Advisors llc raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 698.6% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 1,182 shares of the company’s stock valued at $48,000 after buying an additional 1,034 shares during the last quarter. Main Street Group LTD raised its holdings in Global X U.S. Infrastructure Development ETF by 225.8% during the 4th quarter. Main Street Group LTD now owns 1,313 shares of the company’s stock worth $53,000 after purchasing an additional 910 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 90.4% during the 4th quarter. Sunbelt Securities Inc. now owns 1,335 shares of the company’s stock worth $54,000 after purchasing an additional 634 shares during the last quarter.\n\nGlobal X U.S. Infrastructure Development ETF Stock Up 11.3%\n\nShares of Global X U.S. Infrastructure Development ETF opened at $46.15 on Thursday. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.19. The stock has a market cap of $9.12 billion, a P/E ratio of 23.34 and a beta of 1.24. The business’s 50 day moving average is $43.13 and its 200-day moving average is $40.75.\n\nGlobal X U.S. Infrastructure Development ETF Profile\n\nThe 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.

IFP Advisors Inc Sells 347 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

IFP Advisors Inc reduced its stake in Global X U.S. Infrastructure Development ETF (PAVE) by 1.1% in Q1 2025, selling 347 shares. Other institutional investors, including Webster Bank, Arlington Trust, and Glass Jacobson Investment Advisors, adjusted their holdings. The ETF's stock price rose 11.3%, with a market cap of $9.12 billion and a P/E ratio of 23.34.