Global X U.S. Infrastructure Development ETF $PAVE Shares Purchased by Nvest Financial LLC

Nvest Financial LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 78.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,885 shares of the company’s stock after purchasing an additional 16,246 shares during the period. Nvest Financial LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,763,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in PAVE. Darwin Wealth Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter worth $25,000. eCIO Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at about $27,000. Fortitude Family Office LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $33,000. Millstone Evans Group LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $33,000. Finally, JNBA Financial Advisors raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 40.4% in the 4th quarter. JNBA Financial Advisors now owns 712 shares of the company’s stock worth $34,000 after purchasing an additional 205 shares during the period.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $57.29 on Thursday. Global X U.S. Infrastructure Development ETF has a 1-year low of $41.65 and a 1-year high of $58.55. The firm has a market capitalization of $11.32 billion, a P/E ratio of 23.34 and a beta of 1.24. The business’s 50-day simple moving average is $54.65 and its 200-day simple moving average is $52.10.

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.