PFG Advisors Purchases 4,065 Shares of Global X U.S. Infrastructure Development ETF $PAVE

PFG Advisors lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,448 shares of the company’s stock after purchasing an additional 4,065 shares during the period. PFG Advisors’ holdings in Global X U.S. Infrastructure Development ETF were worth $3,288,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Midwest Trust Co bought a new stake in Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $820,000. Summit Investment Advisors Inc. lifted its holdings in Global X U.S. Infrastructure Development ETF by 4.7% during the 1st quarter. Summit Investment Advisors Inc. now owns 116,250 shares of the company’s stock valued at $4,386,000 after purchasing an additional 5,186 shares during the last quarter. Nvwm LLC boosted its position in Global X U.S. Infrastructure Development ETF by 0.7% during the second quarter. Nvwm LLC now owns 48,171 shares of the company’s stock worth $2,099,000 after purchasing an additional 348 shares during the period. Pekin Hardy Strauss Inc. boosted its position in Global X U.S. Infrastructure Development ETF by 4.7% during the second quarter. Pekin Hardy Strauss Inc. now owns 27,215 shares of the company’s stock worth $1,186,000 after purchasing an additional 1,210 shares during the period. Finally, Savant Capital LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 34.4% in the second quarter. Savant Capital LLC now owns 11,930 shares of the company’s stock valued at $520,000 after purchasing an additional 3,056 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $47.74 on Monday. The company’s 50-day moving average is $47.30 and its 200-day moving average is $44.79. The firm has a market capitalization of $9.43 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $32.65 and a fifty-two week 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.