Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Purchased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI lifted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,363 shares of the company’s stock after acquiring an additional 1,034 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Global X U.S. Infrastructure Development ETF were worth $667,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 29.3% during the third quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock worth $187,562,000 after buying an additional 1,400,747 shares in the last quarter. Meitav Investment House Ltd. boosted its holdings in Global X U.S. Infrastructure Development ETF by 131.6% during the third quarter. Meitav Investment House Ltd. now owns 1,706,649 shares of the company’s stock worth $52,526,000 after buying an additional 969,863 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Global X U.S. Infrastructure Development ETF by 25.9% during the third quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock worth $137,702,000 after buying an additional 932,741 shares in the last quarter. Schroder Investment Management Group purchased a new stake in Global X U.S. Infrastructure Development ETF during the third quarter worth $14,964,000. Finally, Cooper Financial Group purchased a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth $11,786,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS PAVE opened at $38.13 on Friday. The company’s fifty day moving average price is $38.27 and its 200 day moving average price is $34.53. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The company has a market capitalization of $7.36 billion, a PE ratio of 20.75 and a beta of 1.13.

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.