Courier Capital LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 112,078 shares of the company’s stock, valued at approximately $5,884,000. Global X U.S. Infrastructure Development ETF comprises 1.1% of Courier Capital LLC’s holdings, making the stock its 28th largest position. Courier Capital LLC owned about 0.06% of Global X U.S. Infrastructure Development ETF at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of PAVE. TD Waterhouse Canada Inc. raised its stake 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 in the last quarter. Capital Advantage Inc. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 8.4% in the 2nd quarter. Capital Advantage Inc. now owns 128,370 shares of the company’s stock valued at $7,564,000 after buying an additional 9,927 shares during the last quarter. Petra Financial Advisors Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at approximately $461,000. VectorGlobal IAG Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the first quarter valued at $1,489,000. Finally, Integrated Wealth Concepts LLC grew its stake 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 buying an additional 39,885 shares in the last quarter.
Global X U.S. Infrastructure Development ETF Stock Performance
PAVE traded up $0.17 during trading on Tuesday, reaching $53.54. 1,507,515 shares of the stock were exchanged, compared to its average volume of 1,707,792. The stock’s 50 day moving average price is $55.08 and its two-hundred day moving average price is $55.63. Global X U.S. Infrastructure Development ETF has a twelve month low of $45.44 and a twelve month high of $60.43. The stock has a market cap of $10.58 billion, a P/E ratio of 23.34 and a beta of 1.24.
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.
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