Marcum Wealth LLC Acquires New Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

by · The Cerbat Gem

Marcum Wealth LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,407 shares of the company’s stock, valued at approximately $305,000.

A number of other institutional investors have also recently bought and sold shares of PAVE. Signaturefd LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 10.2% during the second quarter. Signaturefd LLC now owns 3,254 shares of the company’s stock worth $120,000 after purchasing an additional 300 shares during the period. American Institute for Advanced Investment Management LLP increased its stake in shares of Global X U.S. Infrastructure Development ETF by 0.7% in the 1st quarter. American Institute for Advanced Investment Management LLP now owns 43,969 shares of the company’s stock valued at $1,750,000 after acquiring an additional 324 shares during the last quarter. Trademark Financial Management LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 1.6% in the 1st quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock valued at $860,000 after acquiring an additional 336 shares during the period. Cascade Financial Partners LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 1.3% during the second quarter. Cascade Financial Partners LLC now owns 27,603 shares of the company’s stock valued at $1,022,000 after purchasing an additional 353 shares during the period. Finally, BOKF NA increased its stake in Global X U.S. Infrastructure Development ETF by 10.9% in the second quarter. BOKF NA now owns 3,800 shares of the company’s stock valued at $141,000 after purchasing an additional 375 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 0.6 %

Shares of BATS PAVE opened at $41.08 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 stock has a market cap of $7.87 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The company’s fifty day moving average is $38.94 and its 200-day moving average is $38.52.

Global X U.S. Infrastructure Development ETF Company Profile

(Free Report)

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.

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