Game Plan Financial Advisors LLC Invests $2.64 Million in Global X U.S. Infrastructure Development ETF $PAVE

Game Plan Financial Advisors LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 55,250 shares of the company’s stock, valued at approximately $2,640,000. Global X U.S. Infrastructure Development ETF makes up about 1.1% of Game Plan Financial Advisors LLC’s portfolio, making the stock its 29th largest position.

Other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the third quarter valued at approximately $25,000. Darwin Wealth Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at about $25,000. Motco purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the third quarter valued at about $34,000. Wealth Watch Advisors INC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $39,000. Finally, Founders Financial Alliance LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 472.9% in the third quarter. Founders Financial Alliance LLC now owns 1,014 shares of the company’s stock valued at $48,000 after acquiring an additional 837 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 0.7%

PAVE stock opened at $49.78 on Friday. Global X U.S. Infrastructure Development ETF has a 52 week low of $32.65 and a 52 week high of $56.74. The stock has a market capitalization of $9.83 billion, a PE ratio of 23.34 and a beta of 1.24. The firm has a 50 day moving average of $52.64 and a 200 day moving average of $49.65.

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