CrossGen Wealth LLC Makes New Investment in Global X U.S. Infrastructure Development ETF $PAVE

CrossGen Wealth LLC purchased a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 10,100 shares of the company’s stock, valued at approximately $483,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $25,000. eCIO Inc. bought a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $27,000. Fortitude Family Office LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $33,000. Millstone Evans Group LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $33,000. Finally, JNBA Financial Advisors raised its stake in Global X U.S. Infrastructure Development ETF by 40.4% in the fourth quarter. JNBA Financial Advisors now owns 712 shares of the company’s stock valued at $34,000 after buying an additional 205 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.0%

PAVE opened at $58.56 on Friday. Global X U.S. Infrastructure Development ETF has a 12-month low of $41.65 and a 12-month high of $59.21. The stock has a market cap of $11.57 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The business has a 50 day moving average of $56.09 and a 200-day moving average of $52.90.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.