Waystone Advisors LLC Has $3.58 Million Stock Position in Global X U.S. Infrastructure Development ETF $PAVE

Waystone Advisors LLC raised its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 20.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,507 shares of the company’s stock after purchasing an additional 12,061 shares during the period. Global X U.S. Infrastructure Development ETF makes up approximately 3.2% of Waystone Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Waystone Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,582,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of PAVE. Jane Street Group LLC lifted its position 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 buying an additional 2,081 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Global X U.S. Infrastructure Development ETF by 1,294.8% during the second quarter. Russell Investments Group Ltd. now owns 22,442 shares of the company’s stock worth $978,000 after acquiring an additional 20,833 shares in the last quarter. Diversify Advisory Services LLC raised its stake in Global X U.S. Infrastructure Development ETF by 6.6% during the second quarter. Diversify Advisory Services LLC now owns 29,047 shares of the company’s stock worth $1,354,000 after acquiring an additional 1,806 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth about $2,070,000. Finally, Quantinno Capital Management LP lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 36.8% in the second quarter. Quantinno Capital Management LP now owns 9,118 shares of the company’s stock worth $397,000 after acquiring an additional 2,451 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE opened at $58.56 on Monday. Global X U.S. Infrastructure Development ETF has a 1-year low of $41.65 and a 1-year high of $59.21. The company has a market cap of $11.57 billion, a P/E ratio of 23.34 and a beta of 1.24. The company’s 50 day moving average is $56.19 and its 200-day moving average is $52.98.

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.