Thryve Wealth Management LLC Makes New $7.52 Million Investment in Global X U.S. Infrastructure Development ETF $PAVE

Thryve Wealth Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 157,346 shares of the company’s stock, valued at approximately $7,520,000. Global X U.S. Infrastructure Development ETF makes up approximately 3.7% of Thryve Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position.

Several other large investors have also recently added to or reduced their stakes in PAVE. Jane Street Group LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 11.1% in the 1st quarter. Jane Street Group LLC now owns 20,867 shares of the company’s stock worth $787,000 after acquiring an additional 2,081 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Global X U.S. Infrastructure Development ETF by 1,294.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 22,442 shares of the company’s stock worth $978,000 after buying an additional 20,833 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 6.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 29,047 shares of the company’s stock worth $1,354,000 after acquiring an additional 1,806 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $2,070,000. Finally, Quantinno Capital Management LP increased its position in Global X U.S. Infrastructure Development ETF by 36.8% in the 2nd quarter. Quantinno Capital Management LP now owns 9,118 shares of the company’s stock valued at $397,000 after acquiring an additional 2,451 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.0%

Shares of BATS PAVE opened at $58.56 on Friday. Global X U.S. Infrastructure Development ETF has a 1-year low of $41.65 and a 1-year high of $59.21. The company has a 50-day moving average of $56.09 and a two-hundred day moving average of $52.90. The company has a market cap of $11.57 billion, a PE 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.