Kestra Advisory Services LLC lifted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 44.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,479,847 shares of the company’s stock after purchasing an additional 455,954 shares during the period. Kestra Advisory Services LLC owned approximately 0.75% of Global X U.S. Infrastructure Development ETF worth $77,692,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the third quarter valued at about $27,000. Axiom Investment Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $28,000. Compass Financial Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $28,000. Clearstead Trust LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $31,000. Finally, Latitude Advisors LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $37,000.
Global X U.S. Infrastructure Development ETF Price Performance
BATS PAVE opened at $50.73 on Friday. Global X U.S. Infrastructure Development ETF has a 1-year low of $45.44 and a 1-year high of $60.43. The company has a market capitalization of $10.02 billion, a P/E ratio of 23.34 and a beta of 1.24. The business has a 50 day moving average price of $53.48 and a 200 day moving average price of $54.75.
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.
Featured Stories
- Five stocks we like better than Global X U.S. Infrastructure Development ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Want to see what other hedge funds are holding PAVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report).
Receive News & Ratings for Global X U.S. Infrastructure Development ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Infrastructure Development ETF and related companies with MarketBeat.com's FREE daily email newsletter.
