Global X U.S. Infrastructure Development ETF $PAVE Shares Acquired by First Heartland Consultants Inc.

First Heartland Consultants Inc. increased its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 51.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,045 shares of the company’s stock after purchasing an additional 21,962 shares during the quarter. First Heartland Consultants Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,098,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Jane Street Group LLC grew its stake in Global X U.S. Infrastructure Development ETF by 11.1% during the 1st quarter. Jane Street Group LLC now owns 20,867 shares of the company’s stock worth $787,000 after buying an additional 2,081 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 27.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,013,659 shares of the company’s stock worth $87,755,000 after buying an additional 430,335 shares in the last quarter. Clark Asset Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at approximately $279,000. Whalen Wealth Management Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth $354,000. Finally, Flagship Harbor Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 7.4% in the second quarter. Flagship Harbor Advisors LLC now owns 10,908 shares of the company’s stock valued at $475,000 after purchasing an additional 753 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS:PAVE opened at $54.86 on Tuesday. The firm has a 50 day simple moving average of $51.32 and a 200-day simple moving average of $48.71. The firm has a market cap of $10.84 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1-year low of $32.65 and a 1-year high of $56.74.

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.