SteelPeak Wealth LLC purchased a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 26,960 shares of the company’s stock, valued at approximately $1,073,000.
A number of other large investors also recently made changes to their positions in the business. Richardson Capital Management LLC increased its stake in Global X U.S. Infrastructure Development ETF by 422.5% in the first quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock valued at $39,000 after purchasing an additional 790 shares during the last quarter. U S Global Investors Inc. purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $34,000. Register Financial Advisors LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $35,000. First United Bank & Trust purchased a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $54,000. Finally, Creekmur Asset Management LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $61,000.
Global X U.S. Infrastructure Development ETF Stock Up 0.2 %
Shares of PAVE opened at $37.02 on Monday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The company’s fifty day moving average is $38.12 and its two-hundred day moving average is $36.98. The firm has a market cap of $7.09 billion, a PE ratio of 20.28 and a beta of 1.13.
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.
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