Capital Asset Advisory Services LLC Has $27.89 Million Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Capital Asset Advisory Services LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 721,996 shares of the company’s stock after buying an additional 48,581 shares during the period. Global X U.S. Infrastructure Development ETF makes up about 1.4% of Capital Asset Advisory Services LLC’s holdings, making the stock its 20th biggest position. Capital Asset Advisory Services LLC owned approximately 0.35% of Global X U.S. Infrastructure Development ETF worth $27,891,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Sofi Wealth LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at $28,000. Crowley Wealth Management Inc. acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at $28,000. Webster Bank N. A. acquired a new position in Global X U.S. Infrastructure Development ETF during the first quarter valued at $29,000. Key Financial Inc raised its position in Global X U.S. Infrastructure Development ETF by 613.2% during the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares during the period. Finally, Kestra Investment Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $41,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $41.52 on Tuesday. The business’s 50-day moving average price is $38.67 and its two-hundred day moving average price is $40.66. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.18. The company has a market capitalization of $8.18 billion, a P/E ratio of 23.02 and a beta of 1.24.

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.