Castle Wealth Management LLC Buys 8,214 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Castle Wealth Management LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 73.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,403 shares of the company’s stock after purchasing an additional 8,214 shares during the period. Castle Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $672,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. US Bancorp DE raised its stake in Global X U.S. Infrastructure Development ETF by 38.7% in the 1st quarter. US Bancorp DE now owns 5,575 shares of the company’s stock valued at $158,000 after acquiring an additional 1,555 shares during the period. Citigroup Inc. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 61.2% in the first quarter. Citigroup Inc. now owns 26,130 shares of the company’s stock worth $739,000 after purchasing an additional 9,923 shares in the last quarter. Cibc World Market Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 0.7% in the first quarter. Cibc World Market Inc. now owns 119,433 shares of the company’s stock valued at $3,378,000 after purchasing an additional 822 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter valued at approximately $480,000. Finally, Baird Financial Group Inc. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 32.5% during the 1st quarter. Baird Financial Group Inc. now owns 172,422 shares of the company’s stock valued at $4,876,000 after buying an additional 42,330 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Global X U.S. Infrastructure Development ETF stock traded down $0.07 during mid-day trading on Friday, reaching $37.29. The company’s stock had a trading volume of 1,302,041 shares. The company has a market capitalization of $7.20 billion, a P/E ratio of 20.75 and a beta of 1.13. The firm’s fifty day moving average price is $38.11 and its two-hundred day moving average price is $34.24. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80.

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.