Mirae Asset Global Investments Co. Ltd. Grows Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 185.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,000 shares of the company’s stock after buying an additional 88,325 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,697,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. SRS Capital Advisors Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the first quarter worth approximately $25,000. Sunbelt Securities Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the first quarter worth approximately $26,000. U S Global Investors Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $34,000. Crewe Advisors LLC grew its stake in Global X U.S. Infrastructure Development ETF by 1,094.0% during the third quarter. Crewe Advisors LLC now owns 1,003 shares of the company’s stock worth $30,000 after buying an additional 919 shares during the period. Finally, Register Financial Advisors LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $35,000.

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

PAVE opened at $38.08 on Tuesday. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The company has a 50 day moving average of $37.96 and a two-hundred day moving average of $34.09. The company has a market cap of $7.35 billion, a P/E ratio of 20.75 and a beta of 1.13.

About Global X U.S. Infrastructure Development ETF

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.