127,764 Shares in Global X U.S. Infrastructure Development ETF $PAVE Acquired by NTV Asset Management LLC

NTV Asset Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 127,764 shares of the company’s stock, valued at approximately $6,708,000. NTV Asset Management LLC owned about 0.06% of Global X U.S. Infrastructure Development ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Compass Financial Management LLC bought a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $28,000. Root Financial Partners LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $27,000. Axiom Investment Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $28,000. NBT Bank N A NY bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $29,000. Finally, Clearstead Trust LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $31,000.

Global X U.S. Infrastructure Development ETF Stock Down 0.9%

PAVE opened at $51.60 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 company has a fifty day moving average of $54.03 and a 200-day moving average of $55.72. The stock has a market cap of $10.19 billion, a PE ratio of 23.34 and a beta of 1.24.

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.