Capital Asset Advisory Services LLC Buys 41,513 Shares of Global X U.S. Infrastructure Development ETF $PAVE

Capital Asset Advisory Services LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 990,479 shares of the company’s stock after buying an additional 41,513 shares during the period. Global X U.S. Infrastructure Development ETF comprises about 2.0% of Capital Asset Advisory Services LLC’s holdings, making the stock its 18th biggest position. Capital Asset Advisory Services LLC owned about 0.50% of Global X U.S. Infrastructure Development ETF worth $49,494,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in PAVE. Jane Street Group LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 11.1% during the 1st quarter. Jane Street Group LLC now owns 20,867 shares of the company’s stock worth $787,000 after purchasing an additional 2,081 shares during the last quarter. SG Americas Securities LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $834,000. TD Waterhouse Canada Inc. grew its holdings in Global X U.S. Infrastructure Development ETF by 11.4% during the second quarter. TD Waterhouse Canada Inc. now owns 8,997 shares of the company’s stock valued at $392,000 after purchasing an additional 921 shares during the period. JPMorgan Chase & Co. increased its position in Global X U.S. Infrastructure Development ETF by 281.3% in the second quarter. JPMorgan Chase & Co. now owns 3,485,063 shares of the company’s stock worth $151,879,000 after buying an additional 2,570,976 shares during the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the second quarter worth $283,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $50.20 on Tuesday. Global X U.S. Infrastructure Development ETF has a 1 year low of $32.65 and a 1 year high of $56.74. The stock’s fifty day moving average price is $52.68 and its two-hundred day moving average price is $49.56. The firm has a market cap of $9.92 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.