PNC Financial Services Group Inc. Acquires 2,109 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

PNC Financial Services Group Inc. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 38.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,637 shares of the company’s stock after purchasing an additional 2,109 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $263,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PAVE. U S Global Investors Inc. purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $34,000. Register Financial Advisors LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $35,000. First United Bank & Trust purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $54,000. Creekmur Asset Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $61,000. Finally, Signaturefd LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 474.1% during the 4th quarter. Signaturefd LLC now owns 2,928 shares of the company’s stock valued at $101,000 after acquiring an additional 2,418 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 1.7 %

PAVE opened at $36.40 on Tuesday. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The stock has a market cap of $6.97 billion, a P/E ratio of 20.28 and a beta of 1.13. The business has a fifty day moving average of $38.12 and a 200 day moving average of $36.98.

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.