Global X U.S. Infrastructure Development ETF $PAVE Shares Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,415 shares of the company’s stock after purchasing an additional 901 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $890,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PAVE. Sequoia Financial Advisors LLC raised its stake in Global X U.S. Infrastructure Development ETF by 1.3% in the second quarter. Sequoia Financial Advisors LLC now owns 17,961 shares of the company’s stock valued at $783,000 after buying an additional 225 shares during the last quarter. Jacobi Capital Management LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 2.4% during the first quarter. Jacobi Capital Management LLC now owns 10,897 shares of the company’s stock worth $411,000 after acquiring an additional 256 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.6% during the first quarter. International Assets Investment Management LLC now owns 7,682 shares of the company’s stock valued at $290,000 after acquiring an additional 267 shares in the last quarter. IFG Advisory LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.4% during the first quarter. IFG Advisory LLC now owns 8,287 shares of the company’s stock valued at $313,000 after acquiring an additional 274 shares in the last quarter. Finally, Choreo LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 1.6% in the 1st quarter. Choreo LLC now owns 18,317 shares of the company’s stock valued at $691,000 after purchasing an additional 281 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 16.2%

PAVE stock opened at $48.19 on Wednesday. The stock has a market capitalization of $9.52 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 52 week low of $32.65 and a 52 week high of $46.26. The firm has a 50 day moving average of $46.90 and a 200 day moving average of $43.51.

About Global X U.S. Infrastructure Development ETF

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.