Pekin Hardy Strauss Inc. Has $776,000 Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Pekin Hardy Strauss Inc. boosted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 13.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 18,855 shares of the company’s stock after buying an additional 2,165 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $776,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Avior Wealth Management LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 3.9% during the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock worth $282,000 after buying an additional 254 shares during the period. Signaturefd LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 10.2% during the 2nd quarter. Signaturefd LLC now owns 3,254 shares of the company’s stock worth $120,000 after acquiring an additional 300 shares in the last quarter. Richardson Capital Management LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the 3rd quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock worth $176,000 after acquiring an additional 326 shares in the last quarter. Cascade Financial Partners LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 1.3% during the 2nd quarter. Cascade Financial Partners LLC now owns 27,603 shares of the company’s stock worth $1,022,000 after acquiring an additional 353 shares in the last quarter. Finally, BOKF NA grew its stake in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the 2nd quarter. BOKF NA now owns 3,800 shares of the company’s stock worth $141,000 after acquiring an additional 375 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 1.3 %

Shares of PAVE opened at $45.38 on Monday. The stock has a market capitalization of $8.69 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a 50 day moving average of $42.09 and a 200-day moving average of $39.50.

About Global X U.S. Infrastructure Development ETF

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.