166,506 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Acquired by Omnia Family Wealth LLC

Omnia Family Wealth LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 166,506 shares of the company’s stock, valued at approximately $5,764,000. Global X U.S. Infrastructure Development ETF accounts for approximately 3.0% of Omnia Family Wealth LLC’s holdings, making the stock its 9th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of PAVE. Private Advisor Group LLC raised its position in Global X U.S. Infrastructure Development ETF by 30.0% in the 3rd quarter. Private Advisor Group LLC now owns 347,299 shares of the company’s stock valued at $10,547,000 after purchasing an additional 80,203 shares during the last quarter. Investment Partners Asset Management Inc. bought a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $448,000. JPMorgan Chase & Co. raised its position in Global X U.S. Infrastructure Development ETF by 25.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock valued at $137,702,000 after purchasing an additional 932,741 shares during the last quarter. Total Clarity Wealth Management Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 11.4% during the fourth quarter. Total Clarity Wealth Management Inc. now owns 9,085 shares of the company’s stock worth $313,000 after acquiring an additional 929 shares during the last quarter. Finally, Western Wealth Management LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 49.5% during the third quarter. Western Wealth Management LLC now owns 69,116 shares of the company’s stock worth $2,100,000 after acquiring an additional 22,874 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE stock traded up $0.37 on Friday, reaching $38.13. 775,318 shares of the stock were exchanged. The stock has a market cap of $7.36 billion, a PE ratio of 20.75 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The stock has a 50 day moving average price of $38.27 and a 200 day moving average price of $34.53.

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.