Meridian Wealth Management LLC Boosts Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Meridian Wealth Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,460 shares of the company’s stock after acquiring an additional 6,105 shares during the period. Meridian Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,353,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Investors Research Corp lifted its position in Global X U.S. Infrastructure Development ETF by 44.2% during the 3rd quarter. Investors Research Corp now owns 71,620 shares of the company’s stock valued at $2,948,000 after acquiring an additional 21,947 shares during the period. L & S Advisors Inc purchased a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $280,000. Trustmark National Bank Trust Department lifted its position in Global X U.S. Infrastructure Development ETF by 37.3% during the 3rd quarter. Trustmark National Bank Trust Department now owns 9,057 shares of the company’s stock valued at $373,000 after acquiring an additional 2,460 shares during the period. Creekside Partners bought a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $206,000. Finally, Darwin Wealth Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $68,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $45.37 on Friday. The firm has a market cap 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 fifty-two week low of $13.80 and a fifty-two week high of $17.80. The firm has a 50-day simple moving average of $42.09 and a two-hundred day simple moving average of $39.49.

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.