Vectors Research Management LLC Takes $2.20 Million Position in Global X U.S. Infrastructure Development ETF $PAVE

Vectors Research Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the first quarter, HoldingsChannel reports. The firm purchased 43,213 shares of the company’s stock, valued at approximately $2,196,000.

Several other institutional investors also recently modified their holdings of the business. Jane Street Group LLC increased its position in Global X U.S. Infrastructure Development ETF by 11.1% during the 1st quarter. Jane Street Group LLC now owns 20,867 shares of the company’s stock valued at $787,000 after purchasing an additional 2,081 shares during the period. Russell Investments Group Ltd. raised its stake in Global X U.S. Infrastructure Development ETF by 1,294.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 22,442 shares of the company’s stock worth $978,000 after buying an additional 20,833 shares during the period. Diversify Advisory Services LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 6.6% during the second quarter. Diversify Advisory Services LLC now owns 29,047 shares of the company’s stock worth $1,354,000 after purchasing an additional 1,806 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at $2,070,000. Finally, Quantinno Capital Management LP lifted its position in Global X U.S. Infrastructure Development ETF by 36.8% in the 2nd quarter. Quantinno Capital Management LP now owns 9,118 shares of the company’s stock valued at $397,000 after acquiring an additional 2,451 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $56.64 on Thursday. The company has a fifty day moving average price of $56.92 and a 200-day moving average price of $54.10. The firm has a market cap of $11.19 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1 year low of $43.87 and a 1 year high of $60.43.

Global X U.S. Infrastructure Development ETF 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. PAVE was launched on Mar 6, 2017 and is managed by Global X.