Strategy Asset Managers LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) in the third quarter, HoldingsChannel reports. The fund acquired 44,166 shares of the company’s stock, valued at approximately $2,319,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Compass Financial Management LLC bought a new position in Global X U.S. Infrastructure Development ETF in the second quarter worth about $28,000. Axiom Investment Management LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the first quarter valued at approximately $28,000. NBT Bank N A NY acquired a new position in Global X U.S. Infrastructure Development ETF in the first quarter valued at approximately $29,000. Clearstead Trust LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the first quarter valued at approximately $31,000. Finally, NBH Bank bought a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $44,000.
Global X U.S. Infrastructure Development ETF Trading Down 1.3%
Shares of Global X U.S. Infrastructure Development ETF stock opened at $52.82 on Thursday. The business’s 50 day simple moving average is $54.86 and its 200-day simple moving average is $55.66. The stock has a market capitalization of $10.44 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a twelve month low of $45.44 and a twelve month 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.
Read More
- Five stocks we like better than Global X U.S. Infrastructure Development ETF
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Want to see what other hedge funds are holding PAVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report).
Receive News & Ratings for Global X U.S. Infrastructure Development ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Infrastructure Development ETF and related companies with MarketBeat.com's FREE daily email newsletter.
