CIBC Private Wealth Group LLC Grows Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

CIBC Private Wealth Group LLC increased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,215,095 shares of the company’s stock after acquiring an additional 181,546 shares during the quarter. CIBC Private Wealth Group LLC owned about 1.68% of Global X U.S. Infrastructure Development ETF worth $130,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of PAVE. Strategy Asset Managers LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 5.1% during the fourth quarter. Strategy Asset Managers LLC now owns 41,694 shares of the company’s stock valued at $1,685,000 after purchasing an additional 2,033 shares in the last quarter. Transamerica Financial Advisors Inc. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 1.8% in the 4th quarter. Transamerica Financial Advisors Inc. now owns 66,113 shares of the company’s stock worth $2,672,000 after buying an additional 1,148 shares during the last quarter. RiverFront Investment Group LLC increased its position in Global X U.S. Infrastructure Development ETF by 10.1% during the 4th quarter. RiverFront Investment Group LLC now owns 753,850 shares of the company’s stock valued at $30,463,000 after buying an additional 69,086 shares in the last quarter. Level Four Advisory Services LLC raised its stake in Global X U.S. Infrastructure Development ETF by 1.4% during the fourth quarter. Level Four Advisory Services LLC now owns 28,614 shares of the company’s stock valued at $1,156,000 after buying an additional 397 shares during the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 10.3% in the fourth quarter. Orion Portfolio Solutions LLC now owns 31,061 shares of the company’s stock worth $1,255,000 after acquiring an additional 2,895 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS:PAVE opened at $37.59 on Friday. The business has a fifty day moving average price of $40.52 and a 200-day moving average price of $41.60. The company has a market capitalization of $7.73 billion, a PE ratio of 21.38 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a 1-year low of $35.72 and a 1-year high of $46.18.

Global X U.S. Infrastructure Development ETF 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.