Garde Capital Inc. Makes New Investment in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Garde Capital Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,800 shares of the company’s stock, valued at approximately $151,000.

A number of other hedge funds have also recently modified their holdings of the stock. Investment Partners Asset Management Inc. purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $448,000. Total Clarity Wealth Management Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 11.4% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 9,085 shares of the company’s stock worth $313,000 after buying an additional 929 shares during the period. Peddock Capital Advisors LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 2.2% during the 4th quarter. Peddock Capital Advisors LLC now owns 82,969 shares of the company’s stock valued at $2,859,000 after buying an additional 1,815 shares in the last quarter. RFG Advisory LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at approximately $221,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Global X U.S. Infrastructure Development ETF by 185.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 136,000 shares of the company’s stock valued at $4,697,000 after acquiring an additional 88,325 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Down 3.6 %

BATS:PAVE traded down $1.39 during trading hours on Friday, reaching $37.42. 3,153,809 shares of the company were exchanged. The firm has a market cap of $7.17 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The stock’s 50-day moving average is $37.89 and its 200-day moving average is $37.65.

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.