Dumont & Blake Investment Advisors LLC Has $1.24 Million Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Dumont & Blake Investment Advisors LLC reduced its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.1% during the 1st quarter, Holdings Channel reports. The fund owned 31,205 shares of the company’s stock after selling 343 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,242,000 at the end of the most recent reporting period.

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

Global X U.S. Infrastructure Development ETF Stock Performance

Global X U.S. Infrastructure Development ETF stock traded up $0.08 during midday trading on Friday, reaching $37.02. The stock had a trading volume of 1,512,678 shares. The stock has a market capitalization of $7.09 billion, a P/E ratio of 20.28 and a beta of 1.13. The firm’s fifty day simple moving average is $38.12 and its 200-day simple moving average is $36.96. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

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.