Secure Asset Management LLC Buys 525 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Secure Asset Management LLC raised its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,880 shares of the company’s stock after acquiring an additional 525 shares during the period. Secure Asset Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $448,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in PAVE. Farmers & Merchants Investments Inc. grew its holdings in Global X U.S. Infrastructure Development ETF by 1,029.7% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after purchasing an additional 659 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 164.9% during the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after buying an additional 508 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth approximately $33,000. Richardson Capital Management LLC lifted its stake 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 acquiring an additional 790 shares during the last quarter. Finally, First PREMIER Bank purchased a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $39,000.

Global X U.S. Infrastructure Development ETF Stock Up 0.3 %

PAVE stock opened at $42.49 on Friday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The business’s fifty day simple moving average is $39.61 and its two-hundred day simple moving average is $38.65.

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.