Paladin Advisory Group LLC Buys 404 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Paladin Advisory Group LLC raised its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,904 shares of the company’s stock after acquiring an additional 404 shares during the period. Global X U.S. Infrastructure Development ETF makes up about 2.0% of Paladin Advisory Group LLC’s portfolio, making the stock its 19th biggest holding. Paladin Advisory Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. Morgan Stanley raised its stake in Global X U.S. Infrastructure Development ETF by 26.0% in the third quarter. Morgan Stanley now owns 7,033,081 shares of the company’s stock valued at $213,665,000 after purchasing an additional 1,452,495 shares in the last quarter. LPL Financial LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 29.3% in the 3rd quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock valued at $187,562,000 after buying an additional 1,400,747 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 7,372.5% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,122,215 shares of the company’s stock valued at $25,553,000 after buying an additional 1,107,197 shares in the last quarter. Meitav Investment House Ltd. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 131.6% during the 3rd quarter. Meitav Investment House Ltd. now owns 1,706,649 shares of the company’s stock worth $52,526,000 after acquiring an additional 969,863 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 25.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock worth $137,702,000 after acquiring an additional 932,741 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 0.2 %

BATS PAVE traded down $0.07 on Friday, hitting $37.29. 1,302,041 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $38.08 and a 200-day moving average of $34.19. The stock has a market cap of $7.20 billion, a price-to-earnings ratio of 20.75 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80.

Global X U.S. Infrastructure Development ETF Company 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.