Van ECK Associates Corp grew its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 10.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,421 shares of the company’s stock after buying an additional 8,749 shares during the quarter. Van ECK Associates Corp’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,288,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of PAVE. Kovack Advisors Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 3.7% during the fourth quarter. Kovack Advisors Inc. now owns 8,355 shares of the company’s stock worth $288,000 after acquiring an additional 297 shares in the last quarter. RiverFront Investment Group LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.5% in the 4th quarter. RiverFront Investment Group LLC now owns 9,220 shares of the company’s stock valued at $317,000 after purchasing an additional 311 shares during the period. Pinnacle Associates Ltd. boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 4.7% during the 4th quarter. Pinnacle Associates Ltd. now owns 7,170 shares of the company’s stock worth $247,000 after acquiring an additional 325 shares during the period. TAP Consulting LLC increased its holdings 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 worth $1,823,000 after acquiring an additional 326 shares during the last quarter. Finally, Dfpg Investments LLC raised its stake in Global X U.S. Infrastructure Development ETF by 1.7% in the 4th quarter. Dfpg Investments LLC now owns 23,515 shares of the company’s stock valued at $786,000 after acquiring an additional 393 shares during the period.
Global X U.S. Infrastructure Development ETF Price Performance
Shares of Global X U.S. Infrastructure Development ETF stock opened at $38.72 on Tuesday. The business has a fifty day simple moving average of $38.43 and a two-hundred day simple moving average of $34.90. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.
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.
Further Reading
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