Rockefeller Capital Management L.P. Increases Position in Global X U.S. Infrastructure Development ETF $PAVE

Rockefeller Capital Management L.P. boosted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 47.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 468,911 shares of the company’s stock after acquiring an additional 150,490 shares during the quarter. Rockefeller Capital Management L.P. owned 0.24% of Global X U.S. Infrastructure Development ETF worth $22,409,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PAVE. CIBC Bancorp USA Inc. acquired a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $163,051,000. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 37.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,239,139 shares of the company’s stock valued at $299,095,000 after purchasing an additional 1,694,808 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 7.2% in the 3rd quarter. Bank of America Corp DE now owns 24,259,423 shares of the company’s stock valued at $1,155,476,000 after purchasing an additional 1,625,360 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 30.5% during the 4th quarter. JPMorgan Chase & Co. now owns 4,736,398 shares of the company’s stock worth $226,353,000 after purchasing an additional 1,106,276 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in shares of Global X U.S. Infrastructure Development ETF by 4.4% during the 3rd quarter. Bank of Montreal Can now owns 23,774,892 shares of the company’s stock worth $1,132,398,000 after purchasing an additional 1,001,842 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $59.24 on Tuesday. The business has a 50-day moving average of $56.28 and a two-hundred day moving average of $53.06. The company has a market capitalization of $11.70 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1 year low of $41.65 and a 1 year high of $59.29.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.