58,446 Shares in Global X U.S. Infrastructure Development ETF $PAVE Purchased by Waystone Advisors LLC

Waystone Advisors LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 58,446 shares of the company’s stock, valued at approximately $2,793,000. Global X U.S. Infrastructure Development ETF makes up approximately 2.4% of Waystone Advisors LLC’s holdings, making the stock its 10th biggest position.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC grew its stake in Global X U.S. Infrastructure Development ETF by 11.1% in the first 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. increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,294.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 22,442 shares of the company’s stock worth $978,000 after acquiring an additional 20,833 shares during the last quarter. Diversify Advisory Services LLC raised its stake in Global X U.S. Infrastructure Development ETF by 6.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 29,047 shares of the company’s stock valued at $1,354,000 after acquiring an additional 1,806 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at $2,070,000. Finally, Quantinno Capital Management LP boosted its position in Global X U.S. Infrastructure Development ETF by 36.8% during the second quarter. Quantinno Capital Management LP now owns 9,118 shares of the company’s stock worth $397,000 after purchasing an additional 2,451 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $56.72 on Thursday. The firm has a 50-day moving average of $54.00 and a 200-day moving average of $51.80. The stock has a market cap of $11.21 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 52-week low of $41.04 and a 52-week high of $58.55.

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.