PFG Investments LLC Makes New Investment in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

PFG Investments LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 14,711 shares of the company’s stock, valued at approximately $586,000.

Other large investors also recently modified their holdings of the company. LPL Financial LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 29.3% during the 3rd quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock valued at $187,562,000 after acquiring an additional 1,400,747 shares during the period. Meitav Investment House Ltd. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 131.6% in the third quarter. Meitav Investment House Ltd. now owns 1,706,649 shares of the company’s stock worth $52,526,000 after purchasing an additional 969,863 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 25.9% in the third quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock worth $137,702,000 after buying an additional 932,741 shares during the period. Schroder Investment Management Group bought a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $14,964,000. Finally, Congress Wealth Management LLC DE boosted its position in Global X U.S. Infrastructure Development ETF by 18.6% during the 4th quarter. Congress Wealth Management LLC DE now owns 2,956,322 shares of the company’s stock valued at $101,875,000 after buying an additional 463,636 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 0.4 %

Shares of BATS:PAVE traded up $0.16 during midday trading on Monday, hitting $38.29. 625,229 shares of the stock traded hands. The business’s 50 day moving average is $38.31 and its two-hundred day moving average is $34.61. The stock has a market capitalization of $7.39 billion, a PE ratio of 20.75 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80.

Global X U.S. Infrastructure Development ETF 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.