AIFG Consultants Ltd. Invests $2.01 Million in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

AIFG Consultants Ltd. purchased a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 48,858 shares of the company’s stock, valued at approximately $2,011,000. Global X U.S. Infrastructure Development ETF comprises approximately 1.5% of AIFG Consultants Ltd.’s investment portfolio, making the stock its 15th largest holding.

Several other large investors have also modified their holdings of the stock. PNC Financial Services Group Inc. raised its stake in Global X U.S. Infrastructure Development ETF by 38.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,637 shares of the company’s stock worth $263,000 after acquiring an additional 2,109 shares during the period. RFG Advisory LLC raised its stake in Global X U.S. Infrastructure Development ETF by 29.3% during the first quarter. RFG Advisory LLC now owns 8,298 shares of the company’s stock worth $330,000 after acquiring an additional 1,878 shares during the period. International Assets Investment Management LLC raised its stake in Global X U.S. Infrastructure Development ETF by 4.7% during the first quarter. International Assets Investment Management LLC now owns 8,891 shares of the company’s stock worth $351,000 after acquiring an additional 403 shares during the period. Harbor Investment Advisory LLC raised its stake in Global X U.S. Infrastructure Development ETF by 21.3% during the first quarter. Harbor Investment Advisory LLC now owns 24,463 shares of the company’s stock worth $974,000 after acquiring an additional 4,294 shares during the period. Finally, IAM Advisory LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 1,205.0% in the first quarter. IAM Advisory LLC now owns 80,583 shares of the company’s stock valued at $3,208,000 after purchasing an additional 74,408 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS:PAVE traded up $0.11 during trading hours on Monday, hitting $42.49. The stock had a trading volume of 462,691 shares. The stock’s fifty day simple moving average is $39.61 and its 200 day simple moving average is $38.64. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The firm has a market capitalization of $8.14 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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.