Assetmark Inc. Buys 1,088 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Assetmark Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 401.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,359 shares of the company’s stock after acquiring an additional 1,088 shares during the period. Assetmark Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $56,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Source Financial Advisors LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the third quarter valued at about $343,000. Jmac Enterprises LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 4.9% during the 3rd quarter. Jmac Enterprises LLC now owns 275,316 shares of the company’s stock worth $11,332,000 after buying an additional 12,750 shares in the last quarter. Castle Wealth Management LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 690.4% during the 3rd quarter. Castle Wealth Management LLC now owns 126,547 shares of the company’s stock worth $5,209,000 after buying an additional 110,537 shares in the last quarter. Advisor Resource Council boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 16.0% in the 3rd quarter. Advisor Resource Council now owns 24,848 shares of the company’s stock worth $1,023,000 after buying an additional 3,433 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 9.3% in the third quarter. Concurrent Investment Advisors LLC now owns 13,732 shares of the company’s stock valued at $565,000 after acquiring an additional 1,171 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.5 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $44.02 on Tuesday. The business’s fifty day simple moving average is $41.57 and its 200 day simple moving average is $39.33. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The firm has a market capitalization of $8.43 billion, a P/E ratio of 20.28 and a beta of 1.13.

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.