Global X U.S. Infrastructure Development ETF (BATS:PAVE) Reaches New 12-Month High at $36.46

Global X U.S. Infrastructure Development ETF (BATS:PAVEGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $36.46 and last traded at $36.30, with a volume of 773111 shares changing hands. The stock had previously closed at $36.11.

Global X U.S. Infrastructure Development ETF Trading Up 0.5 %

The business has a 50 day moving average of $33.96 and a two-hundred day moving average of $31.95. The firm has a market cap of $5.69 billion, a P/E ratio of 10.90 and a beta of 1.27.

Institutional Investors Weigh In On Global X U.S. Infrastructure Development ETF

Several institutional investors have recently made changes to their positions in PAVE. SRS Capital Advisors Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $25,000. Sunbelt Securities Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the first quarter valued at about $26,000. Crewe Advisors LLC lifted its position in Global X U.S. Infrastructure Development ETF by 1,094.0% during the third quarter. Crewe Advisors LLC now owns 1,003 shares of the company’s stock worth $30,000 after purchasing an additional 919 shares during the period. First Horizon Advisors Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the second quarter worth about $31,000. Finally, Impact Partnership Wealth LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $31,000.

Global X U.S. Infrastructure Development ETF Company Profile

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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.

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