Jmac Enterprises LLC grew its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 4.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 287,858 shares of the company’s stock after buying an additional 12,542 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises about 1.8% of Jmac Enterprises LLC’s investment portfolio, making the stock its 11th largest holding. Jmac Enterprises LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $11,632,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $28,000. Hanson & Doremus Investment Management acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $28,000. Trivant Custom Portfolio Group LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $32,000. Synergy Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $38,000. Finally, Howe & Rusling Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth about $39,000.
Global X U.S. Infrastructure Development ETF Stock Up 1.5 %
Shares of BATS:PAVE opened at $42.06 on Wednesday. The firm’s 50 day moving average price is $42.17 and its 200 day moving average price is $41.28. The stock has a market cap of $8.06 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80.
Global X U.S. Infrastructure Development ETF Announces Dividend
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.
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