Global X U.S. Infrastructure Development ETF $PAVE Stock Position Lifted by Cetera Investment Advisers

Cetera Investment Advisers grew its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 31.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,297,545 shares of the company’s stock after purchasing an additional 312,076 shares during the period. Cetera Investment Advisers’ holdings in Global X U.S. Infrastructure Development ETF were worth $65,928,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Jane Street Group LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 11.1% in the first quarter. Jane Street Group LLC now owns 20,867 shares of the company’s stock worth $787,000 after purchasing an additional 2,081 shares during the period. Russell Investments Group Ltd. increased its stake in Global X U.S. Infrastructure Development ETF by 1,294.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 22,442 shares of the company’s stock valued at $978,000 after buying an additional 20,833 shares during the period. Diversify Advisory Services LLC increased its stake in Global X U.S. Infrastructure Development ETF by 6.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 29,047 shares of the company’s stock valued at $1,354,000 after buying an additional 1,806 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $2,070,000. Finally, Quantinno Capital Management LP raised its position in shares of Global X U.S. Infrastructure Development ETF by 36.8% during the 2nd quarter. Quantinno Capital Management LP now owns 9,118 shares of the company’s stock worth $397,000 after buying an additional 2,451 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.3%

Shares of BATS:PAVE opened at $57.69 on Friday. The company has a 50 day moving average of $56.94 and a 200-day moving average of $54.47. The firm has a market cap of $11.40 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a twelve month low of $44.28 and a twelve month high of $60.43.

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.