Diversify Advisory Services LLC Increases Stock Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Diversify Advisory Services LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 53.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 44,691 shares of the company’s stock after acquiring an additional 15,644 shares during the period. Diversify Advisory Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,151,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. ProVise Management Group LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $271,000. Parallel Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 49.8% in the third quarter. Parallel Advisors LLC now owns 19,776 shares of the company’s stock valued at $942,000 after purchasing an additional 6,572 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF by 0.4% in the third quarter. Riggs Asset Managment Co. Inc. now owns 330,581 shares of the company’s stock valued at $15,746,000 after purchasing an additional 1,351 shares during the last quarter. Blair William & Co. IL grew its position in shares of Global X U.S. Infrastructure Development ETF by 2.7% in the third quarter. Blair William & Co. IL now owns 225,265 shares of the company’s stock valued at $10,729,000 after purchasing an additional 5,825 shares during the last quarter. Finally, Entrewealth LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 4.7% during the 3rd quarter. Entrewealth LLC now owns 23,435 shares of the company’s stock worth $1,116,000 after purchasing an additional 1,044 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $52.20 on Tuesday. Global X U.S. Infrastructure Development ETF has a 1 year low of $32.65 and a 1 year high of $56.74. The business has a 50 day moving average price of $52.39 and a 200 day moving average price of $49.28. The company has a market capitalization of $10.31 billion, a P/E ratio of 23.34 and a beta of 1.24.

Global X U.S. Infrastructure Development ETF 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.