UBS Group AG Grows Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

UBS Group AG grew its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 11.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,440,819 shares of the company’s stock after buying an additional 153,508 shares during the quarter. UBS Group AG owned 0.92% of Global X U.S. Infrastructure Development ETF worth $49,651,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Crewe Advisors LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1,094.0% during the third quarter. Crewe Advisors LLC now owns 1,003 shares of the company’s stock worth $30,000 after acquiring an additional 919 shares during the last quarter. Fifth Third Bancorp acquired a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $34,000. U S Global Investors Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $34,000. Register Financial Advisors LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $35,000. Finally, First United Bank & Trust acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $54,000.

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

PAVE stock traded up $0.35 during mid-day trading on Friday, reaching $39.11. 734,215 shares of the stock traded hands. The stock’s fifty day moving average is $38.75 and its 200-day moving average is $35.80. The company has a market cap of $7.49 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80.

Global X U.S. Infrastructure Development ETF Company 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.