Global X U.S. Infrastructure Development ETF $PAVE Shares Purchased by ZEGA Investments LLC

ZEGA Investments LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 57.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 50,616 shares of the company’s stock after buying an additional 18,381 shares during the period. ZEGA Investments LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,982,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Jane Street Group LLC lifted its holdings in 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 valued at $787,000 after purchasing an additional 2,081 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,294.8% during the second 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 raised its position in shares of Global X U.S. Infrastructure Development ETF by 6.6% in the second quarter. Diversify Advisory Services LLC now owns 29,047 shares of the company’s stock valued at $1,354,000 after buying an additional 1,806 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at about $2,070,000. Finally, Quantinno Capital Management LP lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 36.8% in the second quarter. Quantinno Capital Management LP now owns 9,118 shares of the company’s stock worth $397,000 after buying an additional 2,451 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.8%

PAVE opened at $54.69 on Friday. Global X U.S. Infrastructure Development ETF has a twelve month low of $45.44 and a twelve month high of $60.43. The firm has a market capitalization of $10.80 billion, a PE ratio of 23.34 and a beta of 1.24. The firm’s 50-day moving average price is $56.93 and its 200 day moving average price is $55.51.

Global X U.S. Infrastructure Development ETF Company 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.