Investors Research Corp Acquires 13,655 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Investors Research Corp boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 298.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,235 shares of the company’s stock after acquiring an additional 13,655 shares during the quarter. Investors Research Corp’s holdings in Global X U.S. Infrastructure Development ETF were worth $628,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. bought a new stake in Global X U.S. Infrastructure Development ETF in the first quarter valued at approximately $25,000. Sunbelt Securities Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth approximately $26,000. Crewe Advisors LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 1,094.0% in the 3rd quarter. Crewe Advisors LLC now owns 1,003 shares of the company’s stock valued at $30,000 after purchasing an additional 919 shares during the last quarter. Impact Partnership Wealth LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth $31,000. Finally, Zions Bancorporation N.A. bought a new position in Global X U.S. Infrastructure Development ETF during the first quarter worth $31,000.

Global X U.S. Infrastructure Development ETF Stock Down 0.7 %

PAVE stock opened at $38.08 on Tuesday. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 20.75 and a beta of 1.13. The company’s fifty day simple moving average is $37.96 and its 200 day simple moving average is $34.09. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80.

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.