D.A. Davidson & CO. Has $4.62 Million Stock Holdings in Global X U.S. Infrastructure Development ETF $PAVE

D.A. Davidson & CO. increased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 15.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 90,990 shares of the company’s stock after purchasing an additional 12,275 shares during the quarter. D.A. Davidson & CO.’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,623,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Bank of Montreal Can lifted its stake in Global X U.S. Infrastructure Development ETF by 3.7% in the fourth quarter. Bank of Montreal Can now owns 24,643,304 shares of the company’s stock valued at $1,177,704,000 after buying an additional 868,412 shares in the last quarter. Morgan Stanley increased its position in shares of Global X U.S. Infrastructure Development ETF by 2.9% during the fourth quarter. Morgan Stanley now owns 10,218,475 shares of the company’s stock worth $488,341,000 after acquiring an additional 288,691 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 43.3% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 8,938,139 shares of the company’s stock worth $454,147,000 after acquiring an additional 2,699,000 shares during the period. LPL Financial LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 4.7% during the fourth quarter. LPL Financial LLC now owns 7,627,988 shares of the company’s stock worth $364,542,000 after acquiring an additional 340,014 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Global X U.S. Infrastructure Development ETF by 30.5% in the 4th quarter. JPMorgan Chase & Co. now owns 4,736,398 shares of the company’s stock valued at $226,353,000 after acquiring an additional 1,106,276 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 0.8%

Shares of BATS PAVE opened at $56.30 on Friday. The firm has a market cap of $11.12 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1-year low of $44.28 and a 1-year high of $60.43. The company has a fifty day moving average price of $56.91 and a 200 day moving average price of $54.17.

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.