Cornerstone Wealth LLC TN acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 25,296 shares of the company’s stock, valued at approximately $1,410,000.
Other hedge funds have also modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the second quarter valued at $25,000. eCIO Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at $27,000. NBT Bank N A NY acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $29,000. Clearstead Trust LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $31,000. Finally, Fortitude Family Office LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $33,000.
Global X U.S. Infrastructure Development ETF Stock Down 3.7%
Shares of Global X U.S. Infrastructure Development ETF stock opened at $54.99 on Thursday. The stock has a market capitalization of $10.86 billion, a P/E ratio of 23.34 and a beta of 1.24. The company has a 50-day simple moving average of $57.07 and a 200 day simple moving average of $54.65. Global X U.S. Infrastructure Development ETF has a 12-month low of $44.28 and a 12-month high of $60.43.
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 Stories
- Five stocks we like better than Global X U.S. Infrastructure Development ETF
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
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.
