Castle Rock Wealth Management LLC Increases Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Castle Rock Wealth Management LLC boosted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,842 shares of the company’s stock after purchasing an additional 778 shares during the period. Castle Rock Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,144,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PAVE. Farmers & Merchants Investments Inc. grew its position in Global X U.S. Infrastructure Development ETF by 1,029.7% during the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after buying an additional 659 shares during the period. Blue Trust Inc. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 164.9% in the 2nd quarter. Blue Trust Inc. now owns 816 shares of the company’s stock worth $32,000 after purchasing an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth $33,000. Richardson Capital Management LLC lifted its position in Global X U.S. Infrastructure Development ETF by 422.5% during the first quarter. Richardson Capital Management LLC now owns 977 shares of the company’s stock valued at $39,000 after purchasing an additional 790 shares in the last quarter. Finally, First PREMIER Bank purchased a new position in Global X U.S. Infrastructure Development ETF during the third quarter valued at $39,000.

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

PAVE traded down $0.25 during midday trading on Friday, reaching $41.08. The company had a trading volume of 1,173,181 shares. The business has a 50-day moving average of $38.99 and a two-hundred day moving average of $38.54. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The company has a market cap of $7.87 billion, a P/E ratio of 20.28 and a beta of 1.13.

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.