Global X U.S. Infrastructure Development ETF $PAVE Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC raised its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3,641.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 600,000 shares of the company’s stock after acquiring an additional 583,962 shares during the quarter. International Assets Investment Management LLC owned about 0.30% of Global X U.S. Infrastructure Development ETF worth $31,500,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.7% during the 1st quarter. Bank of America Corp DE now owns 25,499,439 shares of the company’s stock valued at $1,295,627,000 after purchasing an additional 903,562 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in Global X U.S. Infrastructure Development ETF by 43.3% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 8,938,139 shares of the company’s stock worth $454,147,000 after buying an additional 2,699,000 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Global X U.S. Infrastructure Development ETF by 24.5% during the second quarter. Envestnet Asset Management Inc. now owns 5,089,117 shares of the company’s stock worth $299,851,000 after buying an additional 1,001,544 shares during the last quarter. Royal Bank of Canada raised its holdings in Global X U.S. Infrastructure Development ETF by 8.1% during the first quarter. Royal Bank of Canada now owns 1,610,656 shares of the company’s stock valued at $81,837,000 after buying an additional 120,091 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 46.0% during the first quarter. Principal Financial Group Inc. now owns 1,567,475 shares of the company’s stock valued at $79,643,000 after buying an additional 494,075 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS:PAVE opened at $53.52 on Friday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $45.44 and a fifty-two week high of $60.43. The business has a 50-day moving average of $53.68 and a two-hundred day moving average of $54.70. The stock has a market capitalization of $10.57 billion, a P/E ratio of 23.34 and a beta of 1.24.

About Global X U.S. Infrastructure Development ETF

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.