Global X U.S. Infrastructure Development ETF $PAVE Shares Bought by Trilogy Capital Inc.

Trilogy Capital Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 408.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,222 shares of the company’s stock after acquiring an additional 21,069 shares during the period. Trilogy Capital Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,249,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Darwin Wealth Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $25,000. Atlantic Union Bankshares Corp acquired a new position in Global X U.S. Infrastructure Development ETF during the second quarter worth $26,000. Avalon Trust Co acquired a new position in Global X U.S. Infrastructure Development ETF during the second quarter worth $29,000. Motco purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth $34,000. Finally, Private Wealth Asset Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at $32,000.

Global X U.S. Infrastructure Development ETF Trading Up 20.9%

PAVE stock opened at $50.12 on Monday. The business’s fifty day moving average price is $48.24 and its 200 day moving average price is $47.04. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.26. The company has a market capitalization of $9.90 billion, a PE ratio of 23.34 and a beta of 1.24.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.