Global X U.S. Infrastructure Development ETF $PAVE Shares Newly Purchased by Swmg LLC

Swmg LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the third quarter, according to its most recent filing with the SEC. The firm purchased 12,740 shares of the company’s stock, valued at approximately $663,000.

Several other institutional investors have also modified their holdings of PAVE. TD Waterhouse Canada Inc. increased its position in shares of Global X U.S. Infrastructure Development ETF by 57.7% in the second quarter. TD Waterhouse Canada Inc. now owns 28,311 shares of the company’s stock valued at $1,668,000 after buying an additional 10,356 shares in the last quarter. Capital Advantage Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 8.4% during the 2nd quarter. Capital Advantage Inc. now owns 128,370 shares of the company’s stock worth $7,564,000 after buying an additional 9,927 shares during the last quarter. Petra Financial Advisors Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth $461,000. Integrated Wealth Concepts LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 111.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 75,832 shares of the company’s stock worth $4,468,000 after buying an additional 39,885 shares during the last quarter. Finally, VectorGlobal IAG Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth about $1,489,000.

Global X U.S. Infrastructure Development ETF Price Performance

Global X U.S. Infrastructure Development ETF stock opened at $51.60 on Monday. Global X U.S. Infrastructure Development ETF has a 52 week low of $45.44 and a 52 week high of $60.43. The firm’s 50-day simple moving average is $54.03 and its 200 day simple moving average is $55.75. The firm has a market capitalization of $10.19 billion, a PE ratio of 23.34 and a beta of 1.24.

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.