Transatlantique Private Wealth LLC Acquires 4,641 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Transatlantique Private Wealth LLC raised its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 9.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,905 shares of the company’s stock after purchasing an additional 4,641 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for approximately 0.8% of Transatlantique Private Wealth LLC’s investment portfolio, making the stock its 27th biggest position. Transatlantique Private Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,138,000 at the end of the most recent quarter.

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

Global X U.S. Infrastructure Development ETF Trading Down 12.6 %

BATS:PAVE opened at $36.21 on Friday. The stock’s 50-day moving average is $38.36 and its 200-day moving average is $41.12. Global X U.S. Infrastructure Development ETF has a 1-year low of $32.65 and a 1-year high of $46.18. The stock has a market cap of $7.19 billion, a P/E ratio of 20.85 and a beta of 1.21.

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.