Global X U.S. Infrastructure Development ETF $PAVE Shares Acquired by AAFMAA Wealth Management & Trust LLC

AAFMAA Wealth Management & Trust LLC grew its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,617 shares of the company’s stock after acquiring an additional 1,701 shares during the period. Global X U.S. Infrastructure Development ETF comprises approximately 0.9% of AAFMAA Wealth Management & Trust LLC’s portfolio, making the stock its 25th largest position. AAFMAA Wealth Management & Trust LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,293,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Citigroup Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 2,086.2% during the 1st quarter. Citigroup Inc. now owns 1,325,328 shares of the company’s stock worth $50,005,000 after purchasing an additional 1,264,705 shares during the last quarter. CX Institutional lifted its position in shares of Global X U.S. Infrastructure Development ETF by 265.5% during the 1st quarter. CX Institutional now owns 461,893 shares of the company’s stock worth $17,427,000 after purchasing an additional 335,530 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 7.5% during the 1st quarter. Principal Financial Group Inc. now owns 3,740,600 shares of the company’s stock worth $141,133,000 after purchasing an additional 260,800 shares during the last quarter. Marshall Financial Group LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth $7,809,000. Finally, HighTower Advisors LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 35.0% during the 1st quarter. HighTower Advisors LLC now owns 768,330 shares of the company’s stock worth $28,989,000 after purchasing an additional 199,384 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 11.9%

Global X U.S. Infrastructure Development ETF stock opened at $46.40 on Friday. The stock has a market cap of $9.17 billion, a P/E ratio of 23.34 and a beta of 1.24. The company has a fifty day simple moving average of $46.28 and a 200-day simple moving average of $42.32. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.26.

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.