Mine & Arao Wealth Creation & Management LLC. Acquires 505 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Mine & Arao Wealth Creation & Management LLC. boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,939 shares of the company’s stock after purchasing an additional 505 shares during the period. Mine & Arao Wealth Creation & Management LLC.’s holdings in Global X U.S. Infrastructure Development ETF were worth $664,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after acquiring an additional 659 shares in the last quarter. Blue Trust Inc. grew its stake in Global X U.S. Infrastructure Development ETF by 164.9% in the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after purchasing an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $33,000. Richardson Capital Management LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 422.5% during the 1st quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock worth $39,000 after purchasing an additional 790 shares during the last quarter. Finally, Mather Group LLC. bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $42,000.

Global X U.S. Infrastructure Development ETF Stock Down 0.9 %

Shares of BATS:PAVE traded down $0.35 during midday trading on Friday, hitting $37.00. The stock had a trading volume of 835,368 shares. The company has a market cap of $7.09 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The business’s 50-day simple moving average is $38.07 and its 200-day simple moving average is $38.18.

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.