Global X U.S. Infrastructure Development ETF $PAVE Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 59.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 206,427 shares of the company’s stock after buying an additional 76,997 shares during the quarter. Wealthcare Advisory Partners LLC owned about 0.10% of Global X U.S. Infrastructure Development ETF worth $8,996,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Citigroup Inc. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 2,086.2% in the first quarter. Citigroup Inc. now owns 1,325,328 shares of the company’s stock worth $50,005,000 after acquiring an additional 1,264,705 shares during the period. CX Institutional boosted its holdings in Global X U.S. Infrastructure Development ETF by 265.5% in the first quarter. CX Institutional now owns 461,893 shares of the company’s stock valued at $17,427,000 after purchasing an additional 335,530 shares during the last quarter. Principal Financial Group Inc. grew its position in Global X U.S. Infrastructure Development ETF by 7.5% during the 1st quarter. Principal Financial Group Inc. now owns 3,740,600 shares of the company’s stock worth $141,133,000 after purchasing an additional 260,800 shares during the period. Marshall Financial Group LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter valued at about $7,809,000. Finally, HighTower Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 35.0% in the 1st quarter. HighTower Advisors LLC now owns 768,330 shares of the company’s stock valued at $28,989,000 after buying an additional 199,384 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 15.7%

Global X U.S. Infrastructure Development ETF stock opened at $47.94 on Friday. The business’s 50-day moving average price is $46.48 and its 200 day moving average price is $42.72. The firm has a market cap of $9.47 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 52 week low of $32.65 and a 52 week high of $46.26.

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.