Global X U.S. Infrastructure Development ETF $PAVE Stake Boosted by Cooper Financial Group

Cooper Financial Group raised its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.5% during the second quarter, HoldingsChannel.com reports. The firm owned 576,388 shares of the company’s stock after buying an additional 24,981 shares during the period. Global X U.S. Infrastructure Development ETF accounts for 2.8% of Cooper Financial Group’s portfolio, making the stock its 6th biggest position. Cooper Financial Group’s holdings in Global X U.S. Infrastructure Development ETF were worth $33,961,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Axiom Investment Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth $28,000. Darwin Wealth Management LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $25,000. NBT Bank N A NY purchased a new stake in Global X U.S. Infrastructure Development ETF in the first quarter valued at about $29,000. Clearstead Trust LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the first quarter valued at about $31,000. Finally, Millstone Evans Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $33,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS PAVE opened at $58.35 on Friday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $45.29 and a fifty-two week high of $60.43. The company has a market cap of $11.53 billion, a PE ratio of 23.34 and a beta of 1.24. The business has a 50-day simple moving average of $57.30 and a two-hundred day simple moving average of $54.94.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.