Brookstone Capital Management Reduces Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Brookstone Capital Management lessened its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVEGet Rating) by 42.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,163 shares of the company’s stock after selling 23,554 shares during the quarter. Brookstone Capital Management’s holdings in Global X U.S. Infrastructure Development ETF were worth $742,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of PAVE. Zions Bancorporation N.A. acquired a new stake in Global X U.S. Infrastructure Development ETF during the 1st quarter valued at approximately $31,000. Princeton Global Asset Management LLC grew its stake in Global X U.S. Infrastructure Development ETF by 54.8% during the 1st quarter. Princeton Global Asset Management LLC now owns 1,130 shares of the company’s stock valued at $32,000 after purchasing an additional 400 shares in the last quarter. U S Global Investors Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth approximately $42,000. Tyler Stone Wealth Management acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $132,000. Finally, US Bancorp DE grew its position in shares of Global X U.S. Infrastructure Development ETF by 38.7% in the 1st quarter. US Bancorp DE now owns 5,575 shares of the company’s stock worth $158,000 after acquiring an additional 1,555 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 1.8 %

Shares of PAVE opened at $23.83 on Friday. The stock has a 50 day moving average of $25.75 and a 200-day moving average of $25.82. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80.

Further Reading

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Institutional Ownership by Quarter for Global X U.S. Infrastructure Development ETF (BATS:PAVE)

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