Financial Advocates Investment Management grew its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 1.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 264,767 shares of the company’s stock after buying an additional 4,434 shares during the quarter. Financial Advocates Investment Management’s holdings in Global X U.S. Infrastructure Development ETF were worth $10,896,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 10.2% during the 2nd quarter. Signaturefd LLC now owns 3,254 shares of the company’s stock worth $120,000 after buying an additional 300 shares during the last quarter. Trademark Financial Management LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 1.6% in the 1st quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock valued at $860,000 after purchasing an additional 336 shares during the last quarter. Cascade Financial Partners LLC boosted its position in Global X U.S. Infrastructure Development ETF by 1.3% in the second quarter. Cascade Financial Partners LLC now owns 27,603 shares of the company’s stock valued at $1,022,000 after buying an additional 353 shares in the last quarter. BOKF NA grew its stake in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the second quarter. BOKF NA now owns 3,800 shares of the company’s stock worth $141,000 after buying an additional 375 shares during the last quarter. Finally, IAM Advisory LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 0.5% during the second quarter. IAM Advisory LLC now owns 80,965 shares of the company’s stock worth $2,997,000 after buying an additional 382 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Stock Down 0.0 %
BATS PAVE opened at $41.48 on Thursday. The company has a market cap of $7.95 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The business’s fifty day moving average is $40.20 and its 200 day moving average is $38.78.
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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