Global X U.S. Infrastructure Development ETF $PAVE Position Raised by Cetera Investment Advisers

Cetera Investment Advisers grew its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 31.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,297,545 shares of the company’s stock after acquiring an additional 312,076 shares during the quarter. Cetera Investment Advisers owned about 0.66% of Global X U.S. Infrastructure Development ETF worth $65,928,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Jane Street Group LLC lifted its position in Global X U.S. Infrastructure Development ETF by 11.1% in the 1st quarter. Jane Street Group LLC now owns 20,867 shares of the company’s stock valued at $787,000 after purchasing an additional 2,081 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Global X U.S. Infrastructure Development ETF by 1,294.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 22,442 shares of the company’s stock valued at $978,000 after purchasing an additional 20,833 shares during the period. Diversify Advisory Services LLC grew its position in Global X U.S. Infrastructure Development ETF by 6.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 29,047 shares of the company’s stock worth $1,354,000 after purchasing an additional 1,806 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $2,070,000. Finally, Quantinno Capital Management LP increased its stake in shares of Global X U.S. Infrastructure Development ETF by 36.8% in the second quarter. Quantinno Capital Management LP now owns 9,118 shares of the company’s stock valued at $397,000 after purchasing an additional 2,451 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 0.3%

Shares of BATS:PAVE opened at $57.69 on Friday. The firm’s 50 day moving average is $56.94 and its two-hundred day moving average is $54.47. The firm has a market capitalization of $11.40 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 52 week low of $44.28 and a 52 week high of $60.43.

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