Assetmark Inc. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 2,375.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 91,163 shares of the company’s stock after acquiring an additional 87,481 shares during the period. Assetmark Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,632,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC bought a new position in Global X U.S. Infrastructure Development ETF during the second quarter worth about $25,000. NBT Bank N A NY acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth approximately $29,000. eCIO Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $27,000. Clearstead Trust LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $31,000. Finally, Fortitude Family Office LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $33,000.
Global X U.S. Infrastructure Development ETF Price Performance
Shares of BATS:PAVE opened at $56.60 on Thursday. The business’s fifty day moving average price is $56.88 and its two-hundred day moving average price is $54.38. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $44.28 and a fifty-two week high of $60.43. The stock has a market capitalization of $11.18 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24.
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. PAVE was launched on Mar 6, 2017 and is managed by Global X.
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