Prime Capital Investment Advisors LLC Raises Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Prime Capital Investment Advisors LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 13.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,093 shares of the company’s stock after acquiring an additional 1,108 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $374,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth $374,000. Orion Portfolio Solutions LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 16.4% during the 1st quarter. Orion Portfolio Solutions LLC now owns 41,240 shares of the company’s stock worth $1,642,000 after acquiring an additional 5,810 shares in the last quarter. Osaic Holdings Inc. increased its position in Global X U.S. Infrastructure Development ETF by 19.9% during the 1st quarter. Osaic Holdings Inc. now owns 807,303 shares of the company’s stock valued at $32,138,000 after purchasing an additional 134,094 shares during the period. Jacobi Capital Management LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 6.1% in the 1st quarter. Jacobi Capital Management LLC now owns 8,852 shares of the company’s stock valued at $352,000 after purchasing an additional 506 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Global X U.S. Infrastructure Development ETF by 9,400.0% in the 1st quarter. Covestor Ltd now owns 1,710 shares of the company’s stock worth $68,000 after purchasing an additional 1,692 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $43.81 on Friday. The company has a market cap of $8.39 billion, a PE ratio of 20.28 and a beta of 1.13. The firm’s 50 day moving average price is $41.44 and its 200-day moving average price is $39.26. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80.

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.