Investors Research Corp Has $2.95 Million Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Investors Research Corp grew its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 44.2% during the third quarter, HoldingsChannel reports. The firm owned 71,620 shares of the company’s stock after buying an additional 21,947 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for about 0.6% of Investors Research Corp’s investment portfolio, making the stock its 27th largest holding. Investors Research Corp’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,948,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% during the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after purchasing an additional 659 shares in the last quarter. Blue Trust Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 164.9% during the 2nd quarter. Blue Trust Inc. now owns 816 shares of the company’s stock worth $32,000 after purchasing an additional 508 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth $33,000. First PREMIER Bank bought a new position in Global X U.S. Infrastructure Development ETF during the third quarter worth $39,000. Finally, Howe & Rusling Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the third quarter valued at $39,000.

Global X U.S. Infrastructure Development ETF Stock Down 0.0 %

Global X U.S. Infrastructure Development ETF stock traded down $0.02 during trading hours on Thursday, reaching $44.04. 1,402,482 shares of the company’s stock were exchanged. The firm’s 50 day simple moving average is $41.83 and its 200 day simple moving average is $39.41. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The firm has a market capitalization of $8.44 billion, a PE ratio of 20.28 and a beta of 1.13.

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.