Sofi Wealth LLC Boosts Position in Global X U.S. Infrastructure Development ETF $PAVE

Sofi Wealth LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 75.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,891 shares of the company’s stock after buying an additional 3,387 shares during the quarter. Sofi Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $344,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Atlantic Union Bankshares Corp purchased a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $26,000. Avalon Trust Co acquired a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at approximately $29,000. Private Wealth Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $32,000. Global Trust Asset Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $35,000. Finally, Elevation Wealth Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the second quarter worth $52,000.

Global X U.S. Infrastructure Development ETF Price Performance

Global X U.S. Infrastructure Development ETF stock opened at $46.96 on Monday. Global X U.S. Infrastructure Development ETF has a 12 month low of $32.65 and a 12 month high of $46.26. The business has a 50 day simple moving average of $47.43 and a 200-day simple moving average of $45.13. The stock has a market capitalization of $9.28 billion, a PE ratio of 23.34 and a beta of 1.24.

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.