Private Advisor Group LLC Boosts Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Private Advisor Group LLC lifted its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 252,919 shares of the company’s stock after purchasing an additional 19,666 shares during the quarter. Private Advisor Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $10,410,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 27.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 108,261 shares of the company’s stock valued at $4,310,000 after buying an additional 23,246 shares during the period. Raymond James & Associates grew its stake in shares of Global X U.S. Infrastructure Development ETF by 64.3% in the third quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock valued at $32,148,000 after buying an additional 305,548 shares in the last quarter. Granite Bay Wealth Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $3,081,000. Comerica Bank lifted its stake in Global X U.S. Infrastructure Development ETF by 10.4% during the 1st quarter. Comerica Bank now owns 38,523 shares of the company’s stock worth $1,534,000 after acquiring an additional 3,619 shares in the last quarter. Finally, HBW Advisory Services LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 132.0% during the 3rd quarter. HBW Advisory Services LLC now owns 362,258 shares of the company’s stock valued at $14,911,000 after acquiring an additional 206,101 shares during the period.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $41.45 on Friday. The company has a market cap of $7.94 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The stock has a 50-day moving average of $39.87 and a two-hundred day moving average of $38.69.

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.