Global X U.S. Infrastructure Development ETF $PAVE Shares Purchased by Investors Research Corp

Investors Research Corp boosted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,465 shares of the company’s stock after acquiring an additional 13,947 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for 1.5% of Investors Research Corp’s holdings, making the stock its 16th largest position. Investors Research Corp’s holdings in Global X U.S. Infrastructure Development ETF were worth $8,385,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its stake in shares of Global X U.S. Infrastructure Development ETF by 26.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 149,973 shares of the company’s stock worth $7,059,000 after purchasing an additional 31,014 shares during the period. Barnes Pettey Financial Advisors LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $206,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at $509,000. Trilogy Capital Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 408.9% during the third quarter. Trilogy Capital Inc. now owns 26,222 shares of the company’s stock worth $1,249,000 after buying an additional 21,069 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the second quarter worth $720,000.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE stock opened at $49.99 on Friday. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $56.74. The firm’s fifty day moving average is $52.71 and its 200 day moving average is $49.47. The firm has a market cap of $9.88 billion, a PE ratio of 23.34 and a beta of 1.24.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.