GAMMA Investing LLC Makes New Investment in Global X U.S. Infrastructure Development ETF $PAVE

GAMMA Investing LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,632 shares of the company’s stock, valued at approximately $71,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of PAVE. MRA Advisory Group grew its position in shares of Global X U.S. Infrastructure Development ETF by 4.8% during the first quarter. MRA Advisory Group now owns 81,131 shares of the company’s stock worth $3,061,000 after buying an additional 3,720 shares in the last quarter. Magnus Financial Group LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 36.1% during the first quarter. Magnus Financial Group LLC now owns 37,794 shares of the company’s stock worth $1,426,000 after buying an additional 10,027 shares in the last quarter. AAFMAA Wealth Management & Trust LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the first quarter worth about $1,921,000. Kraematon Investment Advisors Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF by 13.7% during the first quarter. Kraematon Investment Advisors Inc. now owns 39,862 shares of the company’s stock worth $1,504,000 after buying an additional 4,800 shares in the last quarter. Finally, OLD National Bancorp IN acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the first quarter worth about $556,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $47.94 on Friday. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.26. The company has a market cap of $9.47 billion, a PE ratio of 23.34 and a beta of 1.24. The business has a 50-day simple moving average of $46.48 and a 200-day simple moving average of $42.69.

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.