Northern Trust Corp Has $3.42 Million Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Northern Trust Corp increased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 25.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,692 shares of the company’s stock after acquiring an additional 17,160 shares during the period. Northern Trust Corp’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,422,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Cascade Financial Partners LLC grew its stake in Global X U.S. Infrastructure Development ETF by 0.9% during the fourth quarter. Cascade Financial Partners LLC now owns 29,815 shares of the company’s stock worth $1,205,000 after buying an additional 262 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 3.9% in the fourth quarter. Fisher Asset Management LLC now owns 7,447 shares of the company’s stock valued at $301,000 after buying an additional 282 shares during the period. Crewe Advisors LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 17.4% in the fourth quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock worth $80,000 after purchasing an additional 293 shares during the period. Level Four Advisory Services LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 1.4% in the fourth quarter. Level Four Advisory Services LLC now owns 28,614 shares of the company’s stock worth $1,156,000 after purchasing an additional 397 shares during the period. Finally, Tandem Capital Management Corp ADV raised its holdings in Global X U.S. Infrastructure Development ETF by 2.6% in the fourth quarter. Tandem Capital Management Corp ADV now owns 16,070 shares of the company’s stock worth $649,000 after purchasing an additional 400 shares during the period.

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

Shares of PAVE stock opened at $41.23 on Friday. The firm has a fifty day moving average of $38.34 and a 200-day moving average of $40.82. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.18. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 23.02 and a beta of 1.24.

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.