Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC raised its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 11.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,161 shares of the company’s stock after buying an additional 2,878 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $936,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PAVE. LPL Financial LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 29.3% in the third quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock worth $187,562,000 after acquiring an additional 1,400,747 shares in the last quarter. Meitav Investment House Ltd. boosted its holdings in Global X U.S. Infrastructure Development ETF by 131.6% in the third quarter. Meitav Investment House Ltd. now owns 1,706,649 shares of the company’s stock worth $52,526,000 after acquiring an additional 969,863 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Global X U.S. Infrastructure Development ETF by 25.9% in the third quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock worth $137,702,000 after acquiring an additional 932,741 shares in the last quarter. Schroder Investment Management Group acquired a new stake in Global X U.S. Infrastructure Development ETF in the third quarter worth about $14,964,000. Finally, Cooper Financial Group acquired a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter worth about $11,786,000.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE traded down $0.24 during trading on Wednesday, hitting $37.65. The company’s stock had a trading volume of 1,529,977 shares. The company has a market cap of $7.27 billion, a PE ratio of 20.75 and a beta of 1.13. The business’s 50 day simple moving average is $38.18 and its 200-day simple moving average is $34.41. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week 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.