Howe & Rusling Inc. Buys New Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Howe & Rusling Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 938 shares of the company’s stock, valued at approximately $39,000.

A number of other hedge funds have also modified their holdings of the stock. Strategy Asset Managers LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the third quarter valued at $1,632,000. Avior Wealth Management LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 3.9% in the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after purchasing an additional 254 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 367.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 47,518 shares of the company’s stock worth $1,956,000 after purchasing an additional 37,344 shares during the last quarter. Caprock Group LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 42.9% during the 3rd quarter. Caprock Group LLC now owns 16,715 shares of the company’s stock worth $688,000 after purchasing an additional 5,022 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its holdings in Global X U.S. Infrastructure Development ETF by 3.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 98,611 shares of the company’s stock valued at $4,059,000 after purchasing an additional 3,492 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 0.1 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $44.02 on Thursday. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The firm’s 50-day moving average price is $41.83 and its two-hundred day moving average price is $39.41. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year 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.