21,163 Shares in Global X U.S. Infrastructure Development ETF $PAVE Purchased by Virtue Capital Management LLC

Virtue Capital Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 21,163 shares of the company’s stock, valued at approximately $1,111,000.

Several other institutional investors and hedge funds also recently made changes to their positions in PAVE. Beaumont Financial Advisors LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1.1% during the first quarter. Beaumont Financial Advisors LLC now owns 16,949 shares of the company’s stock worth $861,000 after buying an additional 180 shares in the last quarter. Stephens Inc. AR increased its stake in shares of Global X U.S. Infrastructure Development ETF by 1.4% in the first quarter. Stephens Inc. AR now owns 14,302 shares of the company’s stock worth $727,000 after buying an additional 194 shares during the last quarter. Willner & Heller LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 1.2% in the third quarter. Willner & Heller LLC now owns 17,721 shares of the company’s stock worth $930,000 after buying an additional 208 shares during the last quarter. Castleview Partners LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 2.1% in the third quarter. Castleview Partners LLC now owns 11,082 shares of the company’s stock valued at $582,000 after acquiring an additional 224 shares in the last quarter. Finally, Baird Financial Group Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 0.4% in the second quarter. Baird Financial Group Inc. now owns 62,115 shares of the company’s stock valued at $3,660,000 after acquiring an additional 230 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $54.45 on Tuesday. Global X U.S. Infrastructure Development ETF has a 12 month low of $45.44 and a 12 month high of $60.43. The company has a market capitalization of $10.76 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The company’s fifty day moving average price is $53.64 and its two-hundred day moving average price is $54.72.

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.