Pekin Hardy Strauss Inc. Has $618,000 Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Pekin Hardy Strauss Inc. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 64.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,690 shares of the company’s stock after purchasing an additional 6,530 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $618,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Congress Wealth Management LLC DE raised its stake in Global X U.S. Infrastructure Development ETF by 18.6% during the fourth quarter. Congress Wealth Management LLC DE now owns 2,956,322 shares of the company’s stock worth $101,875,000 after buying an additional 463,636 shares during the last quarter. Meitav Investment House Ltd. raised its stake in Global X U.S. Infrastructure Development ETF by 9.9% during the second quarter. Meitav Investment House Ltd. now owns 2,696,368 shares of the company’s stock worth $99,905,000 after buying an additional 242,141 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in Global X U.S. Infrastructure Development ETF by 15.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,679,566 shares of the company’s stock worth $92,338,000 after buying an additional 362,821 shares during the last quarter. Principal Financial Group Inc. bought a new position in Global X U.S. Infrastructure Development ETF during the first quarter worth $103,108,000. Finally, Wells Fargo & Company MN raised its stake in Global X U.S. Infrastructure Development ETF by 11.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,104,458 shares of the company’s stock worth $72,520,000 after buying an additional 208,079 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 1.1 %

Shares of BATS PAVE opened at $39.53 on Wednesday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a market capitalization of $7.57 billion, a PE ratio of 20.28 and a beta of 1.13. The firm has a fifty day simple moving average of $38.30 and a 200 day simple moving average of $38.25.

Global X U.S. Infrastructure Development ETF Company 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.