Global X U.S. Infrastructure Development ETF $PAVE Shares Purchased by Moneco Advisors LLC

Moneco Advisors LLC lifted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 15.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 96,323 shares of the company’s stock after purchasing an additional 12,979 shares during the period. Moneco Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $5,057,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE grew its position in Global X U.S. Infrastructure Development ETF by 3.7% during the first quarter. Bank of America Corp DE now owns 25,499,439 shares of the company’s stock valued at $1,295,627,000 after buying an additional 903,562 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its position in Global X U.S. Infrastructure Development ETF by 43.3% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 8,938,139 shares of the company’s stock worth $454,147,000 after acquiring an additional 2,699,000 shares during the period. Envestnet Asset Management Inc. raised its position in Global X U.S. Infrastructure Development ETF by 24.5% in the second quarter. Envestnet Asset Management Inc. now owns 5,089,117 shares of the company’s stock worth $299,851,000 after acquiring an additional 1,001,544 shares during the period. Kestra Investment Management LLC raised its position in Global X U.S. Infrastructure Development ETF by 9.7% in the third quarter. Kestra Investment Management LLC now owns 1,806,103 shares of the company’s stock worth $94,820,000 after acquiring an additional 159,802 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 8.1% during the 1st quarter. Royal Bank of Canada now owns 1,610,656 shares of the company’s stock worth $81,837,000 after acquiring an additional 120,091 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $53.28 on Wednesday. The company’s fifty day simple moving average is $53.31 and its 200-day simple moving average is $54.77. The stock has a market capitalization of $13.54 billion, a PE ratio of 24.12 and a beta of 1.20. Global X U.S. Infrastructure Development ETF has a 1-year low of $45.44 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.