Capital Advantage Inc. Grows Stock Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Capital Advantage Inc. raised its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 128,370 shares of the company’s stock after acquiring an additional 9,927 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises approximately 0.9% of Capital Advantage Inc.’s portfolio, making the stock its 27th biggest holding. Capital Advantage Inc. owned approximately 0.06% of Global X U.S. Infrastructure Development ETF worth $7,564,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. NorthRock Partners LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 7.8% in the second quarter. NorthRock Partners LLC now owns 62,520 shares of the company’s stock worth $3,684,000 after acquiring an additional 4,505 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 111.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 75,832 shares of the company’s stock valued at $4,468,000 after purchasing an additional 39,885 shares during the period. NewEdge Advisors LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 3.0% during the 2nd quarter. NewEdge Advisors LLC now owns 129,111 shares of the company’s stock valued at $7,607,000 after purchasing an additional 3,764 shares during the period. Baird Financial Group Inc. lifted its holdings in Global X U.S. Infrastructure Development ETF by 0.4% during the 2nd quarter. Baird Financial Group Inc. now owns 62,115 shares of the company’s stock worth $3,660,000 after purchasing an additional 230 shares in the last quarter. Finally, Stableford Capital II LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 5.7% during the 2nd quarter. Stableford Capital II LLC now owns 10,370 shares of the company’s stock worth $611,000 after purchasing an additional 561 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 0.6%

Shares of BATS PAVE opened at $54.81 on Wednesday. Global X U.S. Infrastructure Development ETF has a 52 week low of $45.44 and a 52 week high of $60.43. The business has a 50-day simple moving average of $56.70 and a two-hundred day simple moving average of $55.51. The company has a market cap of $10.83 billion, a P/E 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. PAVE was launched on Mar 6, 2017 and is managed by Global X.