Axxcess Wealth Management LLC Has $47.14 Million Stock Position in Global X U.S. Infrastructure Development ETF $PAVE

Axxcess Wealth Management LLC boosted its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 16.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 989,652 shares of the company’s stock after acquiring an additional 141,383 shares during the period. Global X U.S. Infrastructure Development ETF accounts for about 1.0% of Axxcess Wealth Management LLC’s holdings, making the stock its 22nd biggest position. Axxcess Wealth Management LLC owned approximately 0.50% of Global X U.S. Infrastructure Development ETF worth $47,137,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Insight Advisors LLC PA lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 0.9% in the 2nd quarter. Insight Advisors LLC PA now owns 28,739 shares of the company’s stock worth $1,252,000 after purchasing an additional 270 shares in the last quarter. Wilmington Savings Fund Society FSB raised its holdings in Global X U.S. Infrastructure Development ETF by 6.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 4,691 shares of the company’s stock worth $223,000 after buying an additional 287 shares during the last quarter. Princeton Global Asset Management LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 0.9% in the third quarter. Princeton Global Asset Management LLC now owns 34,666 shares of the company’s stock valued at $1,651,000 after buying an additional 295 shares in the last quarter. Royal Harbor Partners LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 0.8% in the third quarter. Royal Harbor Partners LLC now owns 41,275 shares of the company’s stock valued at $1,966,000 after buying an additional 325 shares in the last quarter. Finally, Autumn Glory Partners LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.2% during the third quarter. Autumn Glory Partners LLC now owns 15,381 shares of the company’s stock valued at $733,000 after buying an additional 328 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS:PAVE opened at $54.78 on Wednesday. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $56.74. The company has a market cap of $10.82 billion, a PE ratio of 23.34 and a beta of 1.24. The firm has a 50-day moving average of $50.84 and a 200-day moving average of $48.44.

About Global X U.S. Infrastructure Development ETF

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.