Laurel Wealth Advisors LLC Purchases 450 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Laurel Wealth Advisors LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,148 shares of the company’s stock after purchasing an additional 450 shares during the period. Laurel Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,831,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Stevard LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $547,000. Ratio Wealth Group bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $4,375,000. Evoke Wealth LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 1.3% in the fourth quarter. Evoke Wealth LLC now owns 45,115 shares of the company’s stock valued at $1,562,000 after acquiring an additional 600 shares during the last quarter. Focus Financial Network Inc. ADV bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $1,936,000. Finally, Stifel Financial Corp boosted its holdings in Global X U.S. Infrastructure Development ETF by 9.4% in the fourth quarter. Stifel Financial Corp now owns 250,500 shares of the company’s stock valued at $8,632,000 after acquiring an additional 21,496 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.0 %

PAVE stock traded up $0.37 during trading on Friday, hitting $38.13. The company had a trading volume of 775,318 shares. The business has a 50-day moving average of $38.27 and a 200-day moving average of $34.51. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The stock has a market cap of $7.36 billion, a PE ratio of 20.75 and a beta of 1.13.

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.