Park Avenue Securities LLC Purchases New Position in Global X U.S. Infrastructure Development ETF $PAVE

Park Avenue Securities LLC purchased 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 Form 13F filing with the Securities & Exchange Commission. The firm purchased 124,656 shares of the company’s stock, valued at approximately $6,544,000. Park Avenue Securities LLC owned 0.06% of Global X U.S. Infrastructure Development ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Beaumont Financial Advisors LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 1.1% in the first quarter. Beaumont Financial Advisors LLC now owns 16,949 shares of the company’s stock worth $861,000 after buying an additional 180 shares during the last quarter. Stephens Inc. AR boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.4% during the 1st quarter. Stephens Inc. AR now owns 14,302 shares of the company’s stock worth $727,000 after buying an additional 194 shares during the period. Altus Wealth Group LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.6% during the 1st quarter. Altus Wealth Group LLC now owns 7,850 shares of the company’s stock worth $399,000 after buying an additional 200 shares during the period. Castleview Partners LLC grew its stake in Global X U.S. Infrastructure Development ETF by 2.1% in the 3rd quarter. Castleview Partners LLC now owns 11,082 shares of the company’s stock valued at $582,000 after buying an additional 224 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in Global X U.S. Infrastructure Development ETF by 0.4% in the 2nd quarter. Baird Financial Group Inc. now owns 62,115 shares of the company’s stock valued at $3,660,000 after buying an additional 230 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.7%

BATS:PAVE opened at $53.34 on Thursday. The firm has a market capitalization of $10.54 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1 year low of $45.44 and a 1 year high of $60.43. The firm’s fifty day simple moving average is $53.78 and its 200 day simple moving average is $54.67.

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.