Symphony Financial Services Inc. Has $8.25 Million Position in Global X U.S. Infrastructure Development ETF $PAVE

Symphony Financial Services Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 189,348 shares of the company’s stock after acquiring an additional 2,581 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for 4.9% of Symphony Financial Services Inc.’s portfolio, making the stock its 6th largest position. Symphony Financial Services Inc. owned about 0.10% of Global X U.S. Infrastructure Development ETF worth $8,251,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.3% during the second quarter. Sequoia Financial Advisors LLC now owns 17,961 shares of the company’s stock valued at $783,000 after purchasing an additional 225 shares during the period. Jacobi Capital Management LLC grew its position in Global X U.S. Infrastructure Development ETF by 2.4% in the 1st quarter. Jacobi Capital Management LLC now owns 10,897 shares of the company’s stock valued at $411,000 after buying an additional 256 shares in the last quarter. Insight Advisors LLC PA grew its position in Global X U.S. Infrastructure Development ETF by 0.9% in the 2nd quarter. Insight Advisors LLC PA now owns 28,739 shares of the company’s stock valued at $1,252,000 after buying an additional 270 shares in the last quarter. IFG Advisory LLC increased its stake in Global X U.S. Infrastructure Development ETF by 3.4% during the 1st quarter. IFG Advisory LLC now owns 8,287 shares of the company’s stock valued at $313,000 after buying an additional 274 shares during the period. Finally, Choreo LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 1.6% during the 1st quarter. Choreo LLC now owns 18,317 shares of the company’s stock worth $691,000 after buying an additional 281 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 15.5%

Shares of BATS:PAVE opened at $47.89 on Wednesday. The company has a 50 day moving average of $47.37 and a 200-day moving average of $44.94. The firm has a market cap of $9.46 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a twelve month low of $32.65 and a twelve month high of $46.26.

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.