18,000 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Bought by Okabena Investment Services Inc.

Okabena Investment Services Inc. bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,000 shares of the company’s stock, valued at approximately $741,000.

Several other hedge funds also recently bought and sold shares of PAVE. Bank of Montreal Can grew its stake in shares of Global X U.S. Infrastructure Development ETF by 11.0% in the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock valued at $726,044,000 after buying an additional 1,928,517 shares in the last quarter. Meitav Investment House Ltd. grew its position in Global X U.S. Infrastructure Development ETF by 9.9% in the second quarter. Meitav Investment House Ltd. now owns 2,696,368 shares of the company’s stock worth $99,905,000 after acquiring an additional 242,141 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 14.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $59,608,000 after purchasing an additional 198,255 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 19.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after purchasing an additional 229,948 shares in the last quarter. Finally, First Interstate Bank raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 47.6% during the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after purchasing an additional 357,771 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.3 %

Shares of BATS:PAVE opened at $45.38 on Friday. The stock has a market capitalization of $8.69 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The firm has a fifty day moving average price of $42.09 and a 200 day moving average price of $39.50.

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.