NBC Securities Inc. Acquires 1,730 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

NBC Securities Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 9.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,549 shares of the company’s stock after purchasing an additional 1,730 shares during the quarter. NBC Securities Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $778,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PAVE. PNC Financial Services Group Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the third quarter. PNC Financial Services Group Inc. now owns 5,528 shares of the company’s stock worth $168,000 after purchasing an additional 425 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 15.7% during the third quarter. Envestnet Asset Management Inc. now owns 973,134 shares of the company’s stock worth $29,564,000 after purchasing an additional 132,201 shares during the period. LPL Financial LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 29.3% during the third quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock worth $187,562,000 after purchasing an additional 1,400,747 shares during the period. Stifel Financial Corp raised its position in shares of Global X U.S. Infrastructure Development ETF by 3.9% during the third quarter. Stifel Financial Corp now owns 229,004 shares of the company’s stock worth $6,957,000 after purchasing an additional 8,546 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its position in Global X U.S. Infrastructure Development ETF by 11.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 36,329 shares of the company’s stock valued at $1,104,000 after buying an additional 3,807 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.6 %

BATS PAVE opened at $37.74 on Thursday. The firm has a market capitalization of $7.23 billion, a P/E ratio of 20.28 and a beta of 1.13. The business has a fifty day simple moving average of $38.22 and a 200 day simple moving average of $36.71. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80.

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.