14,711 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Purchased by PFG Investments LLC

PFG Investments LLC purchased a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,711 shares of the company’s stock, valued at approximately $586,000.

Several other hedge funds have also bought and sold shares of the stock. Brookstone Capital Management boosted its holdings in Global X U.S. Infrastructure Development ETF by 12.3% during the third quarter. Brookstone Capital Management now owns 30,989 shares of the company’s stock worth $901,000 after buying an additional 3,384 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 3.9% in the third quarter. Commonwealth Equity Services LLC now owns 983,212 shares of the company’s stock worth $29,870,000 after acquiring an additional 36,567 shares during the period. Sheets Smith Wealth Management purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $97,000. Cambridge Investment Research Advisors Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF by 10.4% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 213,986 shares of the company’s stock valued at $6,501,000 after acquiring an additional 20,147 shares during the period. Finally, Pinnacle Associates Ltd. purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $208,000.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE traded up $0.16 during trading hours on Monday, reaching $38.29. The company’s stock had a trading volume of 625,229 shares. The firm has a market capitalization of $7.39 billion, a price-to-earnings ratio of 20.75 and a beta of 1.13. The company’s 50-day moving average is $38.31 and its two-hundred day moving average is $34.61. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

About Global X U.S. Infrastructure Development ETF

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.