Merit Financial Group’s Global X US Infrastructure Development ETF PAVE Stock Holding History

Merit Financial Group’s Portfolio PAVE Stock Details PAVE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$4.86M	Sell	82,494 -1,292	-2%	-$72.5K	0.03%	443
2026 Q1	$4.26M	Sell	83,786 -274	-0.3%	-$14.3K	0.03%	433
2025 Q4	$4.02M	Sell	84,060 -10,585	-11%	-$508K	0.03%	417
2025 Q3	$4.51M	Sell	94,645 -30,749	-25%	-$1.42M	0.04%	334
2025 Q2	$5.46M	Sell	125,394 -91,858	-42%	-$3.67M	0.06%	256
2025 Q1	$8.2M	Buy	217,252 +14,477	+7%	+$587K	0.12%	137
2024 Q4	$8.19M	Buy	202,775 +142,997	+239%	+$6.13M	0.15%	124
2024 Q3	$2.46M	Sell	59,778 -2,192	-4%	-$84.3K	0.06%	248
2024 Q2	$2.29M	Buy	61,970 +3,469	+6%	+$133K	0.05%	252
2024 Q1	$2.24M	Buy	58,501 +27,705	+90%	+$1M	0.05%	250
2023 Q4	$1.06M	Buy	30,796 +161	+0.5%	+$5.01K	0.03%	298
2023 Q3	$931K	Buy	30,635 +1,402	+5%	+$44.3K	0.03%	335
2023 Q2	$919K	Buy	29,233 +3,545	+14%	+$101K	0.03%	350
2023 Q1	$728K	Buy	+25,688	New	+$728K	0.03%	332

Other funds holding PAVE

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

HIIFS

Harel Insurance Investments & Financial Services Ramat Gan, Israel $20.6B AUM 59.59% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

CBU

CIBC Bancorp USA Chicago, Illinois $82.3B AUM

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Focus Partners Wealth Boston, Massachusetts $97.6B AUM 29.43% 1-Year Est. Return

Merit Financial Group's PAVE Position: Q2 2026 in Review

Merit Financial Group reduced its Global X US Infrastructure Development ETF (PAVE) stake by 1.5% in Q2 2026, selling an estimated $72.5K and leaving 82,494 shares worth $4.86M. The position accounts for 0.03% of the portfolio, ranked #443.

Merit Financial Group first reported a position in PAVE in Q1 2023 and has held it in 14 quarters since. The position peaked at $8.2M in Q1 2025. 819 funds tracked by Wall St. Rank hold PAVE as of Q2 2026.

Merit Financial Group held 82,494 shares of Global X US Infrastructure Development ETF worth $4.86M as of Q2 2026.
Merit Financial Group sold 1,292 Global X US Infrastructure Development ETF shares in Q2 2026, an estimated $72.5K.
Global X US Infrastructure Development ETF made up 0.03% of Merit Financial Group's portfolio in Q2 2026, its #443 holding.
Merit Financial Group first reported a position in Global X US Infrastructure Development ETF in Q1 2023 and has held it in 14 quarters since.
Merit Financial Group's Global X US Infrastructure Development ETF position peaked at $8.2M in Q1 2025.
819 funds tracked by Wall St. Rank held Global X US Infrastructure Development ETF as of Q2 2026.

Based on Merit Financial Group's 13F filing for Q2 2026, filed 17 Jul 2026.