AIFG Consultants Ltd. Buys 6,371 Shares of Global X U.S. Infrastructure Development ETF $PAVE

AIFG Consultants Ltd. grew its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 45.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,330 shares of the company’s stock after acquiring an additional 6,371 shares during the period. Global X U.S. Infrastructure Development ETF comprises approximately 1.7% of AIFG Consultants Ltd.’s holdings, making the stock its 15th largest position. AIFG Consultants Ltd.’s holdings in Global X U.S. Infrastructure Development ETF were worth $886,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vontobel Holding Ltd. lifted its position in Global X U.S. Infrastructure Development ETF by 22.7% during the first quarter. Vontobel Holding Ltd. now owns 7,252 shares of the company’s stock valued at $274,000 after purchasing an additional 1,340 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Global X U.S. Infrastructure Development ETF by 8.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 74,870 shares of the company’s stock valued at $2,825,000 after purchasing an additional 5,755 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in Global X U.S. Infrastructure Development ETF by 5.7% during the first quarter. Dynamic Advisor Solutions LLC now owns 8,011 shares of the company’s stock valued at $302,000 after purchasing an additional 429 shares in the last quarter. Chicago Partners Investment Group LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the first quarter valued at $632,000. Finally, Moss Adams Wealth Advisors LLC lifted its position in Global X U.S. Infrastructure Development ETF by 1.5% during the second quarter. Moss Adams Wealth Advisors LLC now owns 1,041,197 shares of the company’s stock valued at $45,469,000 after purchasing an additional 15,268 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $47.94 on Friday. The company has a market capitalization of $9.47 billion, a PE ratio of 23.34 and a beta of 1.24. The business’s fifty day moving average is $46.48 and its 200 day moving average is $42.69. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $32.65 and a fifty-two week high of $46.26.

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.