WT Wealth Management increased its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 12.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 100,857 shares of the company’s stock after purchasing an additional 11,464 shares during the period. Global X U.S. Infrastructure Development ETF accounts for approximately 1.5% of WT Wealth Management’s investment portfolio, making the stock its 20th biggest position. WT Wealth Management owned approximately 0.05% of Global X U.S. Infrastructure Development ETF worth $5,125,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cary Street Partners Financial LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 75.4% during the third quarter. Cary Street Partners Financial LLC now owns 70,149 shares of the company’s stock worth $3,341,000 after buying an additional 30,155 shares in the last quarter. Capital Asset Advisory Services LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 4.4% in the fourth quarter. Capital Asset Advisory Services LLC now owns 990,479 shares of the company’s stock worth $49,494,000 after buying an additional 41,513 shares in the last quarter. Elm3 Financial Group LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $440,000. First Interstate Bank boosted its position in Global X U.S. Infrastructure Development ETF by 1.3% during the fourth quarter. First Interstate Bank now owns 1,212,934 shares of the company’s stock worth $57,966,000 after acquiring an additional 15,183 shares during the last quarter. Finally, Stonebridge Financial Group LLC grew its stake in Global X U.S. Infrastructure Development ETF by 3,578.4% during the 4th quarter. Stonebridge Financial Group LLC now owns 304,126 shares of the company’s stock valued at $14,534,000 after acquiring an additional 295,858 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Trading Down 1.9%
PAVE stock opened at $58.84 on Friday. The company has a market cap of $11.62 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12 month low of $43.32 and a 12 month high of $60.43. The firm has a 50-day moving average of $56.61 and a two-hundred day moving average of $53.31.
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.
Featured Articles
- Five stocks we like better than Global X U.S. Infrastructure Development ETF
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Global X U.S. Infrastructure Development ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Infrastructure Development ETF and related companies with MarketBeat.com's FREE daily email newsletter.
