Level Four Advisory Services LLC Boosts Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Level Four Advisory Services LLC lifted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,614 shares of the company’s stock after purchasing an additional 397 shares during the period. Level Four Advisory Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,156,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PAVE. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth $28,000. Hanson & Doremus Investment Management acquired a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth $28,000. Sofi Wealth LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $28,000. Crowley Wealth Management Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $28,000. Finally, Key Financial Inc boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 613.2% in the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE stock opened at $37.59 on Friday. The company’s 50 day moving average price is $40.52 and its 200 day moving average price is $41.60. The firm has a market capitalization of $7.73 billion, a price-to-earnings ratio of 21.38 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $35.72 and a fifty-two week high of $46.18.

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.