Choreo LLC Has $915,000 Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Choreo LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 26,546 shares of the company’s stock after purchasing an additional 414 shares during the period. Choreo LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $915,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Kovack Advisors Inc. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.7% during the fourth quarter. Kovack Advisors Inc. now owns 8,355 shares of the company’s stock valued at $288,000 after acquiring an additional 297 shares during the period. RiverFront Investment Group LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 3.5% in the fourth quarter. RiverFront Investment Group LLC now owns 9,220 shares of the company’s stock valued at $317,000 after acquiring an additional 311 shares during the last quarter. Pinnacle Associates Ltd. grew its position in shares of Global X U.S. Infrastructure Development ETF by 4.7% during the 4th quarter. Pinnacle Associates Ltd. now owns 7,170 shares of the company’s stock worth $247,000 after buying an additional 325 shares during the period. TAP Consulting LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 0.6% during the 4th quarter. TAP Consulting LLC now owns 52,893 shares of the company’s stock worth $1,823,000 after acquiring an additional 326 shares during the period. Finally, Dfpg Investments LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 1.7% in the fourth quarter. Dfpg Investments LLC now owns 23,515 shares of the company’s stock valued at $786,000 after purchasing an additional 393 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE stock opened at $37.39 on Thursday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The stock has a market cap of $7.16 billion, a PE ratio of 20.28 and a beta of 1.13. The stock has a 50-day moving average of $38.36 and a 200-day moving average of $34.69.

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.