Strategy Asset Managers LLC Purchases New Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Strategy Asset Managers LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 39,661 shares of the company’s stock, valued at approximately $1,632,000.

Other large investors also recently made changes to their positions in the company. Covestor Ltd raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 9,400.0% in the 1st quarter. Covestor Ltd now owns 1,710 shares of the company’s stock valued at $68,000 after purchasing an additional 1,692 shares during the period. Kestra Advisory Services LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 21.2% during the 1st quarter. Kestra Advisory Services LLC now owns 390,886 shares of the company’s stock worth $15,561,000 after acquiring an additional 68,260 shares during the period. Manhattan West Asset Management LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $300,000. Kraft Davis & Associates LLC raised its stake in Global X U.S. Infrastructure Development ETF by 21.5% in the 1st quarter. Kraft Davis & Associates LLC now owns 10,844 shares of the company’s stock valued at $423,000 after acquiring an additional 1,917 shares during the period. Finally, Comerica Bank lifted its holdings in Global X U.S. Infrastructure Development ETF by 10.4% during the 1st quarter. Comerica Bank now owns 38,523 shares of the company’s stock valued at $1,534,000 after purchasing an additional 3,619 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE stock opened at $44.07 on Wednesday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The stock has a market cap of $8.44 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The company has a fifty day moving average price of $41.70 and a two-hundred day moving average price of $39.37.

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.