Ameritas Investment Partners Inc. Acquires 4,954 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Ameritas Investment Partners Inc. raised its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,084 shares of the company’s stock after buying an additional 4,954 shares during the period. Ameritas Investment Partners Inc. owned about 0.05% of Global X U.S. Infrastructure Development ETF worth $3,779,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% in the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after purchasing an additional 659 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 164.9% in the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock valued at $32,000 after purchasing an additional 508 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at about $33,000. Richardson Capital Management LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 422.5% in 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 during the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at about $42,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE stock opened at $40.47 on Friday. The firm has a 50-day moving average of $38.45 and a 200-day moving average of $38.29. The company has a market cap of $7.75 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80.

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.