Sierra Ocean LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,231 shares of the company’s stock, valued at approximately $252,000.
A number of other large investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at approximately $28,000. Hanson & Doremus Investment Management bought a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at $28,000. Trivant Custom Portfolio Group LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth $32,000. Synergy Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $38,000. Finally, Howe & Rusling Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $39,000.
Global X U.S. Infrastructure Development ETF Trading Up 1.1 %
PAVE opened at $41.92 on Monday. The stock has a 50-day moving average of $41.91 and a 200 day moving average of $41.34. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The firm has a market cap of $8.03 billion, a P/E ratio of 20.28 and a beta of 1.13.
Global X U.S. Infrastructure Development ETF Announces Dividend
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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