StoneX Group Inc. Makes New $640,000 Investment in Global X U.S. Infrastructure Development ETF $PAVE

StoneX Group Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 12,053 shares of the company’s stock, valued at approximately $640,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. TD Waterhouse Canada Inc. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 57.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 28,311 shares of the company’s stock worth $1,668,000 after purchasing an additional 10,356 shares during the last quarter. Capital Advantage Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF by 8.4% in the second quarter. Capital Advantage Inc. now owns 128,370 shares of the company’s stock valued at $7,564,000 after purchasing an additional 9,927 shares in the last quarter. Petra Financial Advisors Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the first quarter valued at approximately $461,000. Integrated Wealth Concepts LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 111.0% in the second quarter. Integrated Wealth Concepts LLC now owns 75,832 shares of the company’s stock valued at $4,468,000 after purchasing an additional 39,885 shares during the last quarter. Finally, First Heartland Consultants Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $2,117,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $53.95 on Thursday. Global X U.S. Infrastructure Development ETF has a one year low of $45.44 and a one year high of $60.43. The company has a market cap of $13.71 billion, a price-to-earnings ratio of 24.12 and a beta of 1.20. The business’s 50 day moving average price is $53.31 and its 200 day moving average price is $54.79.

About Global X U.S. Infrastructure Development ETF

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.