Comerica Bank raised its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 10.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,523 shares of the company’s stock after purchasing an additional 3,619 shares during the period. Comerica Bank’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also made changes to their positions in the company. Kovack Advisors Inc. raised its stake in Global X U.S. Infrastructure Development ETF by 3.7% in the fourth quarter. Kovack Advisors Inc. now owns 8,355 shares of the company’s stock valued at $288,000 after buying an additional 297 shares in the last quarter. RiverFront Investment Group LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 3.5% during the fourth quarter. RiverFront Investment Group LLC now owns 9,220 shares of the company’s stock worth $317,000 after purchasing an additional 311 shares during the last quarter. American Institute for Advanced Investment Management LLP boosted its holdings in Global X U.S. Infrastructure Development ETF by 0.7% in the first quarter. American Institute for Advanced Investment Management LLP now owns 43,969 shares of the company’s stock valued at $1,750,000 after purchasing an additional 324 shares in the last quarter. TAP Consulting LLC increased its stake in Global X U.S. Infrastructure Development ETF by 0.6% in the fourth quarter. TAP Consulting LLC now owns 52,893 shares of the company’s stock valued at $1,823,000 after purchasing an additional 326 shares during the last quarter. Finally, Trademark Financial Management LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 1.6% during the first quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock worth $860,000 after purchasing an additional 336 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Price Performance
Shares of Global X U.S. Infrastructure Development ETF stock traded down $0.08 during trading hours on Friday, hitting $37.34. The company had a trading volume of 688,025 shares. The company’s 50-day moving average is $37.73 and its two-hundred day moving average is $37.76. The company has a market cap of $7.15 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80.
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.
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