VectorGlobal IAG Inc. purchased a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 29,312 shares of the company’s stock, valued at approximately $1,489,000.
A number of other large investors also recently bought and sold shares of PAVE. Darwin Wealth Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the second quarter worth about $25,000. eCIO Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $27,000. Axiom Investment Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the first quarter valued at approximately $28,000. NBT Bank N A NY bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth approximately $29,000. Finally, Clearstead Trust LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter worth approximately $31,000.
Global X U.S. Infrastructure Development ETF Price Performance
PAVE stock opened at $56.36 on Monday. Global X U.S. Infrastructure Development ETF has a twelve month low of $44.28 and a twelve month high of $60.43. The firm has a market cap of $11.13 billion, a PE ratio of 23.34 and a beta of 1.24. The business has a 50 day moving average of $57.13 and a 200 day moving average of $54.73.
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.
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