Assetmark Inc. Acquires 87,481 Shares of Global X U.S. Infrastructure Development ETF $PAVE

Assetmark Inc. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2,375.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,163 shares of the company’s stock after purchasing an additional 87,481 shares during the period. Assetmark Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,632,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at $25,000. eCIO Inc. acquired a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $27,000. NBT Bank N A NY acquired a new position in Global X U.S. Infrastructure Development ETF during the 1st quarter worth about $29,000. Clearstead Trust LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the 1st quarter worth about $31,000. Finally, Fortitude Family Office LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $33,000.

Global X U.S. Infrastructure Development ETF Trading Up 0.7%

Shares of BATS PAVE opened at $56.60 on Thursday. Global X U.S. Infrastructure Development ETF has a 1-year low of $44.28 and a 1-year high of $60.43. The company has a market cap of $11.18 billion, a PE ratio of 23.34 and a beta of 1.24. The company has a 50-day moving average of $56.88 and a two-hundred day moving average of $54.38.

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.