Conservest Capital Advisors Inc. Has $2.07 Million Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Conservest Capital Advisors Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 230.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 40,658 shares of the company’s stock after purchasing an additional 28,357 shares during the quarter. Conservest Capital Advisors Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,066,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Darwin Wealth Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $25,000. NBT Bank N A NY bought a new stake in Global X U.S. Infrastructure Development ETF during the first quarter worth $29,000. eCIO Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth $27,000. Fortitude Family Office LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $33,000. Finally, Millstone Evans Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $33,000.

Global X U.S. Infrastructure Development ETF Trading Up 0.9%

Shares of BATS:PAVE opened at $56.71 on Wednesday. The stock’s fifty day simple moving average is $56.95 and its two-hundred day simple moving average is $54.05. Global X U.S. Infrastructure Development ETF has a 1-year low of $43.87 and a 1-year high of $60.43. The stock has a market cap of $11.20 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.