Valley Wealth Managers Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 36,850 shares of the company’s stock, valued at approximately $1,761,000.
Other hedge funds have also made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $25,000. Darwin Wealth Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth about $25,000. eCIO Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $27,000. Fortitude Family Office LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $33,000. Finally, Millstone Evans Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $33,000.
Global X U.S. Infrastructure Development ETF Trading Down 0.9%
Global X U.S. Infrastructure Development ETF stock opened at $56.52 on Wednesday. The stock has a market cap of $11.17 billion, a PE ratio of 23.34 and a beta of 1.24. The stock has a 50-day moving average price of $53.34 and a 200 day moving average price of $51.23. Global X U.S. Infrastructure Development ETF has a 52 week low of $40.61 and a 52 week high of $58.55.
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. PAVE was launched on Mar 6, 2017 and is managed by Global X.
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