Kovitz Investment Group Partners LLC Increases Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Kovitz Investment Group Partners LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,950 shares of the company’s stock after acquiring an additional 313 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $262,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Renaissance Technologies LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $1,742,000. Barclays PLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at about $121,000. OneDigital Investment Advisors LLC grew its stake in Global X U.S. Infrastructure Development ETF by 9.1% in the fourth quarter. OneDigital Investment Advisors LLC now owns 14,525 shares of the company’s stock worth $587,000 after purchasing an additional 1,209 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.7% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 253,856 shares of the company’s stock valued at $10,258,000 after purchasing an additional 4,280 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of Global X U.S. Infrastructure Development ETF by 25.4% during the fourth quarter. Northern Trust Corp now owns 84,692 shares of the company’s stock worth $3,422,000 after buying an additional 17,160 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 13.1%

Shares of BATS PAVE opened at $46.86 on Friday. The company has a market cap of $9.26 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.26. The stock has a 50 day simple moving average of $44.93 and a 200-day simple moving average of $41.37.

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.