Global X U.S. Infrastructure Development ETF $PAVE Shares Bought by Integrity Investment Advisors LLC

Integrity Investment Advisors LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 171.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 17,698 shares of the company’s stock after purchasing an additional 11,186 shares during the period. Integrity Investment Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $846,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PAVE. CIBC Bancorp USA Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $163,051,000. Harel Insurance Investments & Financial Services Ltd. grew its position in Global X U.S. Infrastructure Development ETF by 37.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,239,139 shares of the company’s stock worth $299,095,000 after purchasing an additional 1,694,808 shares during the period. Bank of America Corp DE grew its position in Global X U.S. Infrastructure Development ETF by 7.2% during the 3rd quarter. Bank of America Corp DE now owns 24,259,423 shares of the company’s stock worth $1,155,476,000 after purchasing an additional 1,625,360 shares during the period. JPMorgan Chase & Co. grew its position in Global X U.S. Infrastructure Development ETF by 30.5% during the 4th quarter. JPMorgan Chase & Co. now owns 4,736,398 shares of the company’s stock worth $226,353,000 after purchasing an additional 1,106,276 shares during the period. Finally, Bank of Montreal Can grew its position in Global X U.S. Infrastructure Development ETF by 4.4% during the 3rd quarter. Bank of Montreal Can now owns 23,774,892 shares of the company’s stock worth $1,132,398,000 after purchasing an additional 1,001,842 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $57.76 on Friday. The business’s 50-day moving average is $55.54 and its two-hundred day moving average is $52.58. The company has a market capitalization of $11.41 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $41.65 and a fifty-two week high of $58.55.

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.