Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Purchased by Blue Trust Inc.

Blue Trust Inc. raised its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 164.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 816 shares of the company’s stock after acquiring an additional 508 shares during the quarter. Blue Trust Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $32,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Peddock Capital Advisors LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 2.2% in the fourth quarter. Peddock Capital Advisors LLC now owns 82,969 shares of the company’s stock valued at $2,859,000 after acquiring an additional 1,815 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Global X U.S. Infrastructure Development ETF by 10.1% in the 4th quarter. Van ECK Associates Corp now owns 95,421 shares of the company’s stock valued at $3,288,000 after purchasing an additional 8,749 shares in the last quarter. Orion Portfolio Solutions LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 70.6% in the 4th quarter. Orion Portfolio Solutions LLC now owns 35,430 shares of the company’s stock valued at $1,195,000 after purchasing an additional 14,662 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 87.6% during the 4th quarter. Avantax Advisory Services Inc. now owns 57,658 shares of the company’s stock worth $1,987,000 after purchasing an additional 26,931 shares during the last quarter. Finally, Pecaut & CO. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.6% during the fourth quarter. Pecaut & CO. now owns 186,186 shares of the company’s stock worth $6,416,000 after buying an additional 4,652 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $39.24 on Friday. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The company’s 50 day simple moving average is $37.84 and its 200 day simple moving average is $38.03. The company has a market capitalization of $7.52 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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.