Commonwealth Equity Services LLC Increases Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Commonwealth Equity Services LLC raised its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,041,895 shares of the company’s stock after buying an additional 58,683 shares during the quarter. Commonwealth Equity Services LLC owned about 0.66% of Global X U.S. Infrastructure Development ETF worth $35,904,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. LPL Financial LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 29.3% in the 3rd quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock valued at $187,562,000 after purchasing an additional 1,400,747 shares during the last quarter. Meitav Investment House Ltd. raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 131.6% in 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 during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of 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 during the period. Schroder Investment Management Group purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the third quarter valued at $14,964,000. Finally, Cooper Financial Group purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at $11,786,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE stock opened at $38.29 on Friday. The business has a fifty day moving average of $38.40 and a 200 day moving average of $34.79. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The firm has a market capitalization of $7.33 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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.