616,185 Shares of Global X U.S. Infrastructure Development ETF $PAVE Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 616,185 shares of the company’s stock, valued at approximately $32,350,000. Mirae Asset Global Investments Co. Ltd. owned 0.31% of Global X U.S. Infrastructure Development ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Beaumont Financial Advisors LLC raised its stake in Global X U.S. Infrastructure Development ETF by 1.1% in the 1st quarter. Beaumont Financial Advisors LLC now owns 16,949 shares of the company’s stock worth $861,000 after purchasing an additional 180 shares in the last quarter. Stephens Inc. AR boosted its holdings in Global X U.S. Infrastructure Development ETF by 1.4% in the 1st quarter. Stephens Inc. AR now owns 14,302 shares of the company’s stock valued at $727,000 after purchasing an additional 194 shares during the period. Willner & Heller LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1.2% during the 3rd quarter. Willner & Heller LLC now owns 17,721 shares of the company’s stock worth $930,000 after purchasing an additional 208 shares in the last quarter. Castleview Partners LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 2.1% during the 3rd quarter. Castleview Partners LLC now owns 11,082 shares of the company’s stock worth $582,000 after purchasing an additional 224 shares in the last quarter. Finally, Baird Financial Group Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF by 0.4% during the 2nd quarter. Baird Financial Group Inc. now owns 62,115 shares of the company’s stock worth $3,660,000 after purchasing an additional 230 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.7%

Shares of PAVE opened at $54.45 on Tuesday. Global X U.S. Infrastructure Development ETF has a 12 month low of $45.44 and a 12 month high of $60.43. The firm’s 50 day moving average is $53.64 and its 200-day moving average is $54.72. The stock has a market capitalization of $10.76 billion, a PE ratio of 23.34 and a beta of 1.24.

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.