First Heartland Consultants Inc. Acquires 29,899 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

First Heartland Consultants Inc. increased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 144.2% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 50,629 shares of the company’s stock after buying an additional 29,899 shares during the quarter. First Heartland Consultants Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,046,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Diversify Advisory Services LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 1.5% during the 4th quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock valued at $1,048,000 after acquiring an additional 380 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $28,000. Harbor Investment Advisory LLC lifted its position in Global X U.S. Infrastructure Development ETF by 17.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 29,423 shares of the company’s stock valued at $1,189,000 after purchasing an additional 4,346 shares during the period. Koshinski Asset Management Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 3.3% in the fourth quarter. Koshinski Asset Management Inc. now owns 32,335 shares of the company’s stock worth $1,307,000 after purchasing an additional 1,039 shares during the last quarter. Finally, Beaumont Financial Advisors LLC grew its position in Global X U.S. Infrastructure Development ETF by 24.3% in the 4th quarter. Beaumont Financial Advisors LLC now owns 20,802 shares of the company’s stock worth $841,000 after purchasing an additional 4,069 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 1.6%

Shares of PAVE opened at $42.10 on Wednesday. The firm has a fifty day simple moving average of $38.18 and a two-hundred day simple moving average of $40.81. The firm has a market cap of $8.15 billion, a PE ratio of 23.02 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1-year low of $32.65 and a 1-year 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.