Kestra Investment Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 673,808 shares of the company’s stock, valued at approximately $32,201,000. Kestra Investment Management LLC owned about 0.34% of Global X U.S. Infrastructure Development ETF as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at $25,000. Darwin Wealth Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $25,000. eCIO Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $27,000. Fortitude Family Office LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $33,000. Finally, Millstone Evans Group LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $33,000.
Global X U.S. Infrastructure Development ETF Stock Performance
BATS:PAVE opened at $54.94 on Tuesday. The firm’s fifty day moving average is $53.76 and its 200-day moving average is $51.67. Global X U.S. Infrastructure Development ETF has a 52 week low of $40.61 and a 52 week high of $58.55. The firm has a market cap of $10.85 billion, a P/E ratio of 23.34 and a beta of 1.24.
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. PAVE was launched on Mar 6, 2017 and is managed by Global X.
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