Kestra Private Wealth Services LLC Increases Position in Global X U.S. Infrastructure Development ETF $PAVE

Kestra Private Wealth Services LLC grew its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVEFree Report) by 43.9% during the first quarter, Holdings Channel reports. The firm owned 75,537 shares of the company’s stock after acquiring an additional 23,048 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,838,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth about $25,000. eCIO Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $27,000. Fortitude Family Office LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $33,000. Millstone Evans Group LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $33,000. Finally, JNBA Financial Advisors lifted its holdings in Global X U.S. Infrastructure Development ETF by 40.4% during the 4th quarter. JNBA Financial Advisors now owns 712 shares of the company’s stock worth $34,000 after buying an additional 205 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 1.9%

Shares of PAVE stock opened at $58.84 on Friday. Global X U.S. Infrastructure Development ETF has a 52 week low of $43.32 and a 52 week high of $60.43. The stock has a market capitalization of $11.62 billion, a PE ratio of 23.34 and a beta of 1.24. The firm has a 50 day moving average of $56.61 and a two-hundred day moving average of $53.31.

Global X U.S. Infrastructure Development ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Global X U.S. Infrastructure Development ETF (BATS:PAVE)

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