Bank of Montreal Can Has $1.13 Billion Stock Position in Global X U.S. Infrastructure Development ETF $PAVE

Bank of Montreal Can increased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,774,892 shares of the company’s stock after acquiring an additional 1,001,842 shares during the period. Bank of Montreal Can owned about 12.03% of Global X U.S. Infrastructure Development ETF worth $1,132,398,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of PAVE. Jones Financial Companies Lllp lifted its position in shares of Global X U.S. Infrastructure Development ETF by 26.1% in the third quarter. Jones Financial Companies Lllp now owns 149,973 shares of the company’s stock worth $7,059,000 after purchasing an additional 31,014 shares in the last quarter. Barnes Pettey Financial Advisors LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $206,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at approximately $509,000. Trilogy Capital Inc. increased its stake in Global X U.S. Infrastructure Development ETF by 408.9% in the 3rd quarter. Trilogy Capital Inc. now owns 26,222 shares of the company’s stock valued at $1,249,000 after buying an additional 21,069 shares during the period. Finally, Eagle Strategies LLC lifted its position in Global X U.S. Infrastructure Development ETF by 4.7% in the 3rd quarter. Eagle Strategies LLC now owns 383,456 shares of the company’s stock worth $18,264,000 after buying an additional 17,306 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 1.2%

Shares of BATS:PAVE opened at $52.20 on Tuesday. The firm has a fifty day moving average of $52.39 and a two-hundred day moving average of $49.28. The firm has a market capitalization of $10.31 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $56.74.

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.