Advisor Resource Council lifted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 16.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 24,848 shares of the company’s stock after purchasing an additional 3,433 shares during the period. Advisor Resource Council’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,023,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. Farmers & Merchants Investments Inc. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% during the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after purchasing an additional 659 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 164.9% in the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock worth $32,000 after buying an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Global X U.S. Infrastructure Development ETF in the second quarter worth $33,000. First PREMIER Bank purchased a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $39,000. Finally, Mather Group LLC. bought a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $42,000.
Global X U.S. Infrastructure Development ETF Trading Up 6.7 %
PAVE opened at $45.20 on Thursday. The company has a market capitalization of $8.66 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The business’s fifty day simple moving average is $40.53 and its 200-day simple moving average is $38.94.
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.
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