Concurrent Investment Advisors LLC Buys 12,172 Shares of Global X U.S. Infrastructure Development ETF $PAVE

Concurrent Investment Advisors LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 62.4% in the fourth quarter, HoldingsChannel reports. The fund owned 31,683 shares of the company’s stock after acquiring an additional 12,172 shares during the period. Concurrent Investment Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,514,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Jane Street Group LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 11.1% in the 1st quarter. Jane Street Group LLC now owns 20,867 shares of the company’s stock worth $787,000 after purchasing an additional 2,081 shares during the period. Russell Investments Group Ltd. boosted its stake in Global X U.S. Infrastructure Development ETF by 1,294.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 22,442 shares of the company’s stock worth $978,000 after purchasing an additional 20,833 shares during the period. Diversify Advisory Services LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 6.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 29,047 shares of the company’s stock worth $1,354,000 after purchasing an additional 1,806 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $2,070,000. Finally, Quantinno Capital Management LP boosted its stake in Global X U.S. Infrastructure Development ETF by 36.8% in the 2nd quarter. Quantinno Capital Management LP now owns 9,118 shares of the company’s stock worth $397,000 after purchasing an additional 2,451 shares during the period.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE stock opened at $55.13 on Thursday. Global X U.S. Infrastructure Development ETF has a 1-year low of $37.38 and a 1-year high of $56.74. The company has a market capitalization of $10.89 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The business has a 50 day simple moving average of $53.09 and a two-hundred day simple moving average of $50.74.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.