EP Wealth Advisors LLC Makes New $31 Million Investment in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

EP Wealth Advisors LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 753,239 shares of the company’s stock, valued at approximately $31,003,000. EP Wealth Advisors LLC owned about 0.39% of Global X U.S. Infrastructure Development ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% in the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after buying an additional 659 shares during the last quarter. Blue Trust Inc. lifted its position 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 acquiring an additional 508 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at approximately $33,000. First PREMIER Bank acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $39,000. Finally, Howe & Rusling Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth approximately $39,000.

Global X U.S. Infrastructure Development ETF Price Performance

BATS:PAVE opened at $44.77 on Friday. The firm has a market cap of $8.58 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The firm’s fifty day moving average price is $43.13 and its 200 day moving average price is $39.93. 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.