JFS Wealth Advisors LLC Grows Position in Global X U.S. Infrastructure Development ETF $PAVE

JFS Wealth Advisors LLC raised its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,890 shares of the company’s stock after buying an additional 510 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,564,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Arlington Trust Co LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth approximately $32,000. Global Trust Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $35,000. Elevation Wealth Partners LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $52,000. GAMMA Investing LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $71,000. Finally, Larson Financial Group LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,359.9% in the 1st quarter. Larson Financial Group LLC now owns 2,219 shares of the company’s stock worth $84,000 after purchasing an additional 2,067 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $46.40 on Friday. The stock has a market cap of $9.17 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The stock has a 50 day moving average price of $46.64 and a 200-day moving average price of $42.99. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.26.

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.