Realta Investment Advisors Makes New Investment in Global X U.S. Infrastructure Development ETF $PAVE

Realta Investment Advisors acquired a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,071 shares of the company’s stock, valued at approximately $613,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. WT Wealth Management grew its position in shares of Global X U.S. Infrastructure Development ETF by 12.8% during the first quarter. WT Wealth Management now owns 100,857 shares of the company’s stock valued at $5,125,000 after purchasing an additional 11,464 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 43.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 75,537 shares of the company’s stock valued at $3,838,000 after buying an additional 23,048 shares in the last quarter. RFG Advisory LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 21.9% during the 1st quarter. RFG Advisory LLC now owns 16,118 shares of the company’s stock valued at $819,000 after buying an additional 2,894 shares in the last quarter. HHM Wealth Advisors LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the 1st quarter worth approximately $47,000. Finally, PMG Wealth Management Inc. increased its stake in Global X U.S. Infrastructure Development ETF by 3.7% in the 1st quarter. PMG Wealth Management Inc. now owns 95,387 shares of the company’s stock worth $4,847,000 after acquiring an additional 3,380 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $58.84 on Friday. The stock has a market capitalization of $11.62 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1 year low of $43.32 and a 1 year high of $60.43. The business’s 50 day simple moving average is $56.61 and its 200-day simple moving average is $53.31.

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.