Kestra Private Wealth Services LLC Acquires 737 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Kestra Private Wealth Services LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,483 shares of the company’s stock after acquiring an additional 737 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $602,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PAVE. LPL Financial LLC increased its position in 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 buying an additional 1,400,747 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in 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 last quarter. Meitav Investment House Ltd. increased its position in shares of Global X U.S. Infrastructure Development ETF by 23.3% during the fourth quarter. Meitav Investment House Ltd. now owns 2,104,227 shares of the company’s stock worth $72,746,000 after acquiring an additional 397,578 shares in the last quarter. UBS Group AG raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 19.4% in the 3rd quarter. UBS Group AG now owns 1,287,311 shares of the company’s stock worth $39,109,000 after acquiring an additional 208,753 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in Global X U.S. Infrastructure Development ETF by 3.8% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,235,068 shares of the company’s stock valued at $42,560,000 after purchasing an additional 45,212 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 0.9 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $38.29 on Monday. The company has a market cap of $7.33 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The business has a 50 day moving average price of $38.40 and a 200-day moving average price of $34.83.

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.