Trek Financial LLC Invests $3.31 Million in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Trek Financial LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 116,624 shares of the company’s stock, valued at approximately $3,306,000. Trek Financial LLC owned about 0.08% of Global X U.S. Infrastructure Development ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the business. American Institute for Advanced Investment Management LLP increased its holdings in Global X U.S. Infrastructure Development ETF by 1.6% in the fourth quarter. American Institute for Advanced Investment Management LLP now owns 52,010 shares of the company’s stock valued at $1,378,000 after buying an additional 815 shares during the last quarter. Ameritas Investment Partners Inc. increased its holdings in Global X U.S. Infrastructure Development ETF by 459.0% in the first quarter. Ameritas Investment Partners Inc. now owns 65,671 shares of the company’s stock valued at $1,862,000 after buying an additional 53,923 shares during the last quarter. Nvwm LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 1.9% in the first quarter. Nvwm LLC now owns 46,279 shares of the company’s stock valued at $1,312,000 after buying an additional 853 shares during the last quarter. Edmond DE Rothschild Holding S.A. bought a new stake in Global X U.S. Infrastructure Development ETF in the first quarter valued at about $149,000. Finally, Pinnacle Wealth Management Group Inc. increased its holdings in Global X U.S. Infrastructure Development ETF by 4.7% in the first quarter. Pinnacle Wealth Management Group Inc. now owns 61,660 shares of the company’s stock valued at $1,748,000 after buying an additional 2,782 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 0.5 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $31.39 on Friday. The business has a 50-day moving average price of $31.86 and a 200 day moving average price of $29.56. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The firm has a market cap of $4.92 billion, a P/E ratio of 10.90 and a beta of 1.27.

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.