Howe & Rusling Inc. Acquires New Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Howe & Rusling Inc. bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 938 shares of the company’s stock, valued at approximately $39,000.

Several other large investors also recently added to or reduced their stakes in the business. Bank of Montreal Can lifted its holdings in Global X U.S. Infrastructure Development ETF by 11.0% in the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock worth $726,044,000 after purchasing an additional 1,928,517 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 325.0% in the first quarter. Cetera Investment Advisers now owns 922,494 shares of the company’s stock worth $36,724,000 after buying an additional 705,438 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock worth $27,909,000 after buying an additional 627,585 shares during the period. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management raised its holdings in Global X U.S. Infrastructure Development ETF by 84.5% in the 2nd quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock worth $34,761,000 after acquiring an additional 430,000 shares during the period. Finally, Evergreen Capital Management LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth $15,437,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Global X U.S. Infrastructure Development ETF stock opened at $44.02 on Thursday. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The firm has a market capitalization of $8.43 billion, a PE ratio of 20.28 and a beta of 1.13. The business’s 50-day simple moving average is $41.83 and its 200-day simple moving average is $39.41.

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.