Creekside Partners Acquires Shares of 5,015 Global X U.S. Infrastructure Development ETF $PAVE

Creekside Partners acquired a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 5,015 shares of the company’s stock, valued at approximately $219,000.

Several other large investors have also bought and sold shares of the company. LPL Financial LLC boosted its position in Global X U.S. Infrastructure Development ETF by 1.2% during the 1st quarter. LPL Financial LLC now owns 6,854,471 shares of the company’s stock valued at $258,619,000 after acquiring an additional 78,008 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 7.5% in the 1st quarter. Principal Financial Group Inc. now owns 3,740,600 shares of the company’s stock worth $141,133,000 after purchasing an additional 260,800 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 2.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,823,163 shares of the company’s stock worth $68,788,000 after purchasing an additional 50,644 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 9.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,583,324 shares of the company’s stock worth $59,739,000 after purchasing an additional 133,329 shares in the last quarter. Finally, Citigroup Inc. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 2,086.2% in the 1st quarter. Citigroup Inc. now owns 1,325,328 shares of the company’s stock worth $50,005,000 after purchasing an additional 1,264,705 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 15.2%

Shares of PAVE opened at $47.77 on Thursday. The business’s 50 day moving average price is $46.76 and its 200-day moving average price is $43.23. Global X U.S. Infrastructure Development ETF has a 52 week low of $32.65 and a 52 week high of $46.26. The stock has a market cap of $9.44 billion, a P/E ratio of 23.34 and a beta of 1.24.

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.