7,671 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Bought by Advisory Services Network LLC

Advisory Services Network LLC acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,671 shares of the company’s stock, valued at approximately $310,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PAVE. MassMutual Private Wealth & Trust FSB acquired a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $28,000. Hanson & Doremus Investment Management purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $28,000. Sofi Wealth LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $28,000. Crowley Wealth Management Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $28,000. Finally, Key Financial Inc grew its position in Global X U.S. Infrastructure Development ETF by 613.2% in the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $36.21 on Friday. Global X U.S. Infrastructure Development ETF has a 1 year low of $32.65 and a 1 year high of $46.18. The stock has a market capitalization of $7.38 billion, a P/E ratio of 21.56 and a beta of 1.21. The company’s fifty day moving average is $38.48 and its two-hundred day moving average is $41.15.

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.