Jones Financial Companies Lllp grew its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 26.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 149,973 shares of the company’s stock after acquiring an additional 31,014 shares during the quarter. Jones Financial Companies Lllp owned about 0.08% of Global X U.S. Infrastructure Development ETF worth $7,059,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth $25,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth $26,000. Avalon Trust Co purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $29,000. Finally, Motco acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $34,000.
Global X U.S. Infrastructure Development ETF Trading Up 27.4%
Shares of BATS PAVE opened at $52.79 on Friday. 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 cap of $10.43 billion, a P/E ratio of 23.34 and a beta of 1.24. The stock has a fifty day moving average price of $49.77 and a 200 day moving average price of $47.90.
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.
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