Dynamic Advisor Solutions LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 6.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,040 shares of the company’s stock after purchasing an additional 447 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $261,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in PAVE. Kovack Advisors Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 3.7% during the 4th quarter. Kovack Advisors Inc. now owns 8,355 shares of the company’s stock valued at $288,000 after buying an additional 297 shares during the period. RiverFront Investment Group LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 3.5% during the 4th quarter. RiverFront Investment Group LLC now owns 9,220 shares of the company’s stock valued at $317,000 after buying an additional 311 shares during the period. American Institute for Advanced Investment Management LLP raised its position in shares of Global X U.S. Infrastructure Development ETF by 0.7% during the 1st quarter. American Institute for Advanced Investment Management LLP now owns 43,969 shares of the company’s stock valued at $1,750,000 after buying an additional 324 shares during the period. TAP Consulting LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 0.6% during the 4th quarter. TAP Consulting LLC now owns 52,893 shares of the company’s stock valued at $1,823,000 after buying an additional 326 shares during the period. Finally, Trademark Financial Management LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 1.6% during the 1st quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock valued at $860,000 after buying an additional 336 shares during the period.
Global X U.S. Infrastructure Development ETF Stock Performance
PAVE stock opened at $38.22 on Friday. The firm has a market cap of $7.32 billion, a PE ratio of 20.28 and a beta of 1.13. The firm’s 50 day moving average price is $37.72 and its 200-day moving average price is $37.86. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80.
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.
Recommended Stories
Want to see what other hedge funds are holding PAVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report).
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.
