Kestra Advisory Services LLC Grows Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Kestra Advisory Services LLC grew its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 21.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 390,886 shares of the company’s stock after acquiring an additional 68,260 shares during the period. Kestra Advisory Services LLC owned about 0.20% of Global X U.S. Infrastructure Development ETF worth $15,561,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Investment Partners Asset Management Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $448,000. Total Clarity Wealth Management Inc. increased its stake in Global X U.S. Infrastructure Development ETF by 11.4% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 9,085 shares of the company’s stock worth $313,000 after buying an additional 929 shares during the period. Peddock Capital Advisors LLC increased its stake in Global X U.S. Infrastructure Development ETF by 2.2% during the 4th quarter. Peddock Capital Advisors LLC now owns 82,969 shares of the company’s stock worth $2,859,000 after buying an additional 1,815 shares during the period. Raymond James & Associates increased its stake in Global X U.S. Infrastructure Development ETF by 4.2% during the 4th quarter. Raymond James & Associates now owns 497,134 shares of the company’s stock worth $17,131,000 after buying an additional 19,997 shares during the period. Finally, RFG Advisory LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $221,000.

Global X U.S. Infrastructure Development ETF Trading Up 2.2 %

PAVE traded up $0.85 during trading hours on Friday, hitting $39.34. 1,131,571 shares of the company’s stock were exchanged. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The firm has a 50 day moving average of $37.90 and a 200 day moving average of $37.49. The firm has a market cap of $7.54 billion, a P/E 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.