Cookson Peirce & Co. Inc. Has $918,000 Stock Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Cookson Peirce & Co. Inc. cut its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,070 shares of the company’s stock after selling 1,048 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $918,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PAVE. Citigroup Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 2,086.2% during the first quarter. Citigroup Inc. now owns 1,325,328 shares of the company’s stock worth $50,005,000 after purchasing an additional 1,264,705 shares during the period. Principal Financial Group Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 7.5% during the first 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. HighTower Advisors LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 35.0% during the first quarter. HighTower Advisors LLC now owns 768,330 shares of the company’s stock worth $28,989,000 after purchasing an additional 199,384 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth $7,743,000. Finally, 5th Street Advisors LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,659.0% during the first quarter. 5th Street Advisors LLC now owns 153,154 shares of the company’s stock valued at $5,778,000 after buying an additional 144,447 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 13.7%

Shares of PAVE stock opened at $47.14 on Thursday. Global X U.S. Infrastructure Development ETF has a 1-year low of $32.65 and a 1-year high of $46.26. The company has a market capitalization of $9.31 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The stock’s fifty day simple moving average is $46.90 and its 200-day simple moving average is $43.60.

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.