Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Purchased by Focus Partners Wealth

Focus Partners Wealth lifted its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1,198.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 562,870 shares of the company’s stock after acquiring an additional 519,507 shares during the quarter. Focus Partners Wealth’s holdings in Global X U.S. Infrastructure Development ETF were worth $22,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Elyxium Wealth LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 14.1% in the 4th quarter. Elyxium Wealth LLC now owns 147,860 shares of the company’s stock valued at $5,975,000 after purchasing an additional 18,328 shares during the period. FWL Investment Management LLC raised its position in Global X U.S. Infrastructure Development ETF by 11,795.2% during the fourth quarter. FWL Investment Management LLC now owns 2,498 shares of the company’s stock worth $101,000 after acquiring an additional 2,477 shares during the period. Cubist Systematic Strategies LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth $775,000. Capital Advantage Inc. raised its position in Global X U.S. Infrastructure Development ETF by 4.0% during the fourth quarter. Capital Advantage Inc. now owns 92,025 shares of the company’s stock worth $3,719,000 after acquiring an additional 3,564 shares during the period. Finally, Captrust Financial Advisors raised its position in Global X U.S. Infrastructure Development ETF by 14.8% during the fourth quarter. Captrust Financial Advisors now owns 18,842 shares of the company’s stock worth $761,000 after acquiring an additional 2,430 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $40.14 on Monday. The company has a fifty day moving average of $37.65 and a two-hundred day moving average of $40.79. The stock has a market capitalization of $7.77 billion, a PE ratio of 23.02 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $32.65 and a fifty-two week high of $46.18.

Global X U.S. Infrastructure Development ETF 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.