Teamwork Financial Advisors LLC Increases Stock Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Teamwork Financial Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 12.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 403,005 shares of the company’s stock after buying an additional 43,699 shares during the period. Global X U.S. Infrastructure Development ETF makes up 2.2% of Teamwork Financial Advisors LLC’s portfolio, making the stock its 10th biggest position. Teamwork Financial Advisors LLC owned about 0.20% of Global X U.S. Infrastructure Development ETF worth $23,745,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of PAVE. Darwin Wealth Management LLC bought a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $25,000. Axiom Investment Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter valued at about $28,000. NBT Bank N A NY bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the first quarter worth approximately $29,000. Clearstead Trust LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the first quarter worth approximately $31,000. Finally, Millstone Evans Group LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $33,000.

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

PAVE opened at $58.69 on Friday. The stock has a market capitalization of $11.59 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The firm has a 50 day moving average price of $57.35 and a 200-day moving average price of $54.96. Global X U.S. Infrastructure Development ETF has a twelve month low of $45.29 and a twelve month high of $60.43.

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