7,500 Shares in Global X U.S. Infrastructure Development ETF $PAVE Acquired by Ballentine Partners LLC

Ballentine Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,500 shares of the company’s stock, valued at approximately $327,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Millennium Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth $1,417,000. Wealth Enhancement Advisory Services LLC raised its position in Global X U.S. Infrastructure Development ETF by 46.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 69,115 shares of the company’s stock valued at $2,793,000 after buying an additional 22,047 shares during the last quarter. Parallel Advisors LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 524.1% in the 1st quarter. Parallel Advisors LLC now owns 16,163 shares of the company’s stock worth $610,000 after purchasing an additional 13,573 shares in the last quarter. NBC Securities Inc. raised its position in Global X U.S. Infrastructure Development ETF by 98,195.8% in the first quarter. NBC Securities Inc. now owns 23,591 shares of the company’s stock valued at $890,000 after purchasing an additional 23,567 shares during the last quarter. Finally, McNaughton Wealth Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the first quarter valued at about $896,000.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE opened at $47.10 on Monday. The firm has a market capitalization of $9.31 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $32.65 and a fifty-two week high of $46.26. The company’s 50 day moving average price is $46.31 and its two-hundred day moving average price is $42.42.

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.