Realta Investment Advisors Takes $613,000 Position in Global X U.S. Infrastructure Development ETF $PAVE

Realta Investment Advisors purchased a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the first quarter, HoldingsChannel reports. The fund purchased 12,071 shares of the company’s stock, valued at approximately $613,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Capital Asset Advisory Services LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 4.4% in the 4th quarter. Capital Asset Advisory Services LLC now owns 990,479 shares of the company’s stock worth $49,494,000 after purchasing an additional 41,513 shares during the period. Elm3 Financial Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter worth $440,000. First Interstate Bank increased its position in Global X U.S. Infrastructure Development ETF by 1.3% during the fourth quarter. First Interstate Bank now owns 1,212,934 shares of the company’s stock valued at $57,966,000 after acquiring an additional 15,183 shares during the last quarter. Stonebridge Financial Group LLC increased its position in Global X U.S. Infrastructure Development ETF by 3,578.4% during the fourth quarter. Stonebridge Financial Group LLC now owns 304,126 shares of the company’s stock valued at $14,534,000 after acquiring an additional 295,858 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at $163,051,000.

Global X U.S. Infrastructure Development ETF Trading Down 1.9%

Global X U.S. Infrastructure Development ETF stock opened at $58.84 on Friday. The firm has a 50-day moving average price of $56.61 and a 200-day moving average price of $53.31. The firm has a market capitalization of $11.62 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12-month low of $43.32 and a 12-month high of $60.43.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.