Angeles Wealth Management LLC bought a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,140 shares of the company’s stock, valued at approximately $46,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $28,000. Hanson & Doremus Investment Management bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $28,000. Trivant Custom Portfolio Group LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $32,000. Synergy Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $38,000. Finally, Howe & Rusling Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $39,000.
Global X U.S. Infrastructure Development ETF Price Performance
Shares of PAVE stock opened at $42.06 on Wednesday. The company has a market capitalization of $8.06 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The company’s fifty day moving average price is $42.17 and its 200-day moving average price is $41.28.
Global X U.S. Infrastructure Development ETF Announces Dividend
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.
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