38,335 Shares in Global X U.S. Infrastructure Development ETF $PAVE Acquired by Quantum Portfolio Management LLC

Quantum Portfolio Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 38,335 shares of the company’s stock, valued at approximately $1,826,000.

Other large investors have also modified their holdings of the company. Laurel Wealth Advisors LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 4,209.9% in the second quarter. Laurel Wealth Advisors LLC now owns 2,694,465 shares of the company’s stock valued at $117,425,000 after buying an additional 2,631,947 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 281.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,485,063 shares of the company’s stock worth $151,879,000 after purchasing an additional 2,570,976 shares in the last quarter. RiverFront Investment Group LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 67.4% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,380,457 shares of the company’s stock worth $60,160,000 after purchasing an additional 555,867 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 27.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,013,659 shares of the company’s stock worth $87,755,000 after purchasing an additional 430,335 shares during the period. Finally, CW Advisors LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 19.4% in the second quarter. CW Advisors LLC now owns 1,401,130 shares of the company’s stock valued at $61,061,000 after buying an additional 227,349 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Global X U.S. Infrastructure Development ETF stock opened at $51.58 on Monday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $32.65 and a fifty-two week high of $46.26. The firm has a market capitalization of $10.19 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The stock’s fifty day moving average is $48.56 and its two-hundred day moving average is $47.29.

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.