Global X U.S. Infrastructure Development ETF $PAVE Shares Newly Purchased by Strategy Asset Managers LLC

Strategy Asset Managers LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 44,166 shares of the company’s stock, valued at approximately $2,319,000.

Other large investors have also modified their holdings of the company. TD Waterhouse Canada Inc. raised its stake in Global X U.S. Infrastructure Development ETF by 57.7% during 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. lifted its holdings in 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. bought a new position in Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $461,000. VectorGlobal IAG Inc. bought a new position in Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $1,489,000. Finally, Envestnet Asset Management Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF by 24.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,089,117 shares of the company’s stock worth $299,851,000 after acquiring an additional 1,001,544 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 1.3%

Shares of PAVE opened at $52.82 on Thursday. 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 has a market cap of $10.44 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The stock has a 50 day moving average of $54.86 and a 200-day moving average of $55.66.

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.