Simplicity Solutions LLC Makes New $386,000 Investment in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Simplicity Solutions LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,199 shares of the company’s stock, valued at approximately $386,000.

Other institutional investors also recently modified their holdings of the company. Private Advisor Group LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 30.0% during the third quarter. Private Advisor Group LLC now owns 347,299 shares of the company’s stock worth $10,547,000 after buying an additional 80,203 shares during the last quarter. Investment Partners Asset Management Inc. acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $448,000. JPMorgan Chase & Co. increased its stake in Global X U.S. Infrastructure Development ETF by 25.9% in the third quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock valued at $137,702,000 after purchasing an additional 932,741 shares in the last quarter. Total Clarity Wealth Management Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 11.4% in the fourth quarter. Total Clarity Wealth Management Inc. now owns 9,085 shares of the company’s stock worth $313,000 after purchasing an additional 929 shares during the period. Finally, Western Wealth Management LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 49.5% during the third quarter. Western Wealth Management LLC now owns 69,116 shares of the company’s stock worth $2,100,000 after purchasing an additional 22,874 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 0.2 %

Shares of PAVE stock opened at $37.29 on Friday. The firm has a market capitalization of $7.20 billion, a price-to-earnings ratio of 20.75 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The firm has a fifty day moving average of $38.11 and a 200-day moving average of $34.24.

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.