Henrickson Nauta Wealth Advisors Inc. Purchases New Shares in Global X U.S. Infrastructure Development ETF $PAVE

Henrickson Nauta Wealth Advisors Inc. purchased a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,042 shares of the company’s stock, valued at approximately $714,000.

A number of other large investors also recently added to or reduced their stakes in PAVE. Cary Street Partners Financial LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 75.4% during the 3rd quarter. Cary Street Partners Financial LLC now owns 70,149 shares of the company’s stock worth $3,341,000 after purchasing an additional 30,155 shares during the last quarter. Capital Asset Advisory Services LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 4.4% in the 4th quarter. Capital Asset Advisory Services LLC now owns 990,479 shares of the company’s stock valued at $49,494,000 after buying an additional 41,513 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Global X U.S. Infrastructure Development ETF by 4.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,630,122 shares of the company’s stock valued at $172,903,000 after buying an additional 145,059 shares in the last quarter. Elm3 Financial Group LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $440,000. Finally, Waddell & Associates LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 3.6% in the 3rd quarter. Waddell & Associates LLC now owns 1,892,168 shares of the company’s stock worth $90,124,000 after buying an additional 65,420 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $58.56 on Monday. The stock has a 50 day moving average of $56.19 and a two-hundred day moving average of $52.98. Global X U.S. Infrastructure Development ETF has a 12 month low of $41.65 and a 12 month high of $59.21. The firm has a market cap of $11.57 billion, a P/E ratio of 23.34 and a beta of 1.24.

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.