Global X U.S. Infrastructure Development ETF (BATS:PAVE) Stake Increased by Ancora Advisors LLC

Ancora Advisors LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,899 shares of the company’s stock after acquiring an additional 625 shares during the quarter. Ancora Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $562,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in PAVE. Aptus Capital Advisors LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 5,661.9% in the 4th quarter. Aptus Capital Advisors LLC now owns 194,810 shares of the company’s stock valued at $7,899,000 after purchasing an additional 191,429 shares in the last quarter. 360 Financial Inc. raised its stake in Global X U.S. Infrastructure Development ETF by 4.9% during the fourth quarter. 360 Financial Inc. now owns 335,565 shares of the company’s stock valued at $13,560,000 after buying an additional 15,575 shares in the last quarter. Adapt Wealth Advisors LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 46.2% during the 4th quarter. Adapt Wealth Advisors LLC now owns 178,674 shares of the company’s stock worth $7,220,000 after buying an additional 56,445 shares during the last quarter. Eagle Strategies LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 5.9% in the 4th quarter. Eagle Strategies LLC now owns 346,977 shares of the company’s stock worth $14,021,000 after acquiring an additional 19,405 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 25.4% in the 4th quarter. Northern Trust Corp now owns 84,692 shares of the company’s stock valued at $3,422,000 after acquiring an additional 17,160 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $39.58 on Tuesday. The stock has a market capitalization of $7.86 billion, a PE ratio of 20.85 and a beta of 1.21. The business’s fifty day moving average price is $37.62 and its 200 day moving average price is $40.86. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.18.

Global X U.S. Infrastructure Development ETF 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.