Thryve Wealth Management LLC Buys Shares of 157,346 Global X U.S. Infrastructure Development ETF $PAVE

Thryve Wealth Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 157,346 shares of the company’s stock, valued at approximately $7,520,000. Global X U.S. Infrastructure Development ETF accounts for 3.7% of Thryve Wealth Management LLC’s holdings, making the stock its 6th largest position. Thryve Wealth Management LLC owned approximately 0.08% of Global X U.S. Infrastructure Development ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. CIBC Bancorp USA Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth $163,051,000. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Global X U.S. Infrastructure Development ETF by 37.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,239,139 shares of the company’s stock valued at $299,095,000 after purchasing an additional 1,694,808 shares during the period. Bank of America Corp DE boosted its holdings in Global X U.S. Infrastructure Development ETF by 7.2% in the 3rd quarter. Bank of America Corp DE now owns 24,259,423 shares of the company’s stock valued at $1,155,476,000 after purchasing an additional 1,625,360 shares during the period. JPMorgan Chase & Co. grew its position in Global X U.S. Infrastructure Development ETF by 30.5% in the 4th quarter. JPMorgan Chase & Co. now owns 4,736,398 shares of the company’s stock worth $226,353,000 after purchasing an additional 1,106,276 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 4.4% during the 3rd quarter. Bank of Montreal Can now owns 23,774,892 shares of the company’s stock worth $1,132,398,000 after purchasing an additional 1,001,842 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.0%

PAVE stock opened at $58.56 on Friday. Global X U.S. Infrastructure Development ETF has a twelve month low of $41.65 and a twelve month high of $59.21. The company has a market cap of $11.57 billion, a PE ratio of 23.34 and a beta of 1.24. The business’s 50-day simple moving average is $56.09 and its 200 day simple moving average is $52.90.

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.