Oppenheimer & Co. Inc. Has $3.23 Million Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Oppenheimer & Co. Inc. reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 25.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 85,555 shares of the company’s stock after selling 28,723 shares during the period. Oppenheimer & Co. Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,228,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in Global X U.S. Infrastructure Development ETF by 752.6% in the fourth quarter. JPMorgan Chase & Co. now owns 5,604,605 shares of the company’s stock valued at $226,482,000 after acquiring an additional 4,947,263 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 10.7% in the 4th quarter. Bank of Montreal Can now owns 22,235,543 shares of the company’s stock valued at $898,538,000 after purchasing an additional 2,158,009 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $84,168,000. Clal Insurance Enterprises Holdings Ltd grew its position in shares of Global X U.S. Infrastructure Development ETF by 24.6% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 7,418,750 shares of the company’s stock worth $300,890,000 after buying an additional 1,464,000 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 21.3% during the fourth quarter. LPL Financial LLC now owns 6,776,463 shares of the company’s stock worth $273,837,000 after buying an additional 1,191,666 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $42.77 on Thursday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $32.65 and a fifty-two week high of $46.18. The firm has a market capitalization of $8.45 billion, a P/E ratio of 23.34 and a beta of 1.24. The company’s 50 day simple moving average is $40.71 and its 200 day simple moving average is $40.35.

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.