112,078 Shares of Global X U.S. Infrastructure Development ETF $PAVE Bought by Courier Capital LLC

Courier Capital LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 112,078 shares of the company’s stock, valued at approximately $5,884,000. Global X U.S. Infrastructure Development ETF comprises approximately 1.1% of Courier Capital LLC’s holdings, making the stock its 28th biggest holding.

Other hedge funds also recently modified their holdings of the company. Accel Wealth Management lifted its position in Global X U.S. Infrastructure Development ETF by 15.8% during the third quarter. Accel Wealth Management now owns 21,612 shares of the company’s stock worth $1,135,000 after acquiring an additional 2,949 shares during the last quarter. McCollum Christoferson Group LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.5% during the third quarter. McCollum Christoferson Group LLC now owns 53,409 shares of the company’s stock worth $2,804,000 after acquiring an additional 1,289 shares during the period. NorthCrest Asset Manangement LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.4% during the third quarter. NorthCrest Asset Manangement LLC now owns 54,147 shares of the company’s stock worth $2,883,000 after acquiring an additional 734 shares during the period. Castleview Partners LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 2.1% in the third quarter. Castleview Partners LLC now owns 11,082 shares of the company’s stock valued at $582,000 after purchasing an additional 224 shares during the last quarter. Finally, Thryve Wealth Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1.4% in the third quarter. Thryve Wealth Management LLC now owns 176,178 shares of the company’s stock valued at $9,249,000 after purchasing an additional 2,473 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE traded up $0.17 during mid-day trading on Tuesday, hitting $53.54. 1,507,515 shares of the stock were exchanged, compared to its average volume of 1,707,792. The stock has a market capitalization of $10.58 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The firm’s 50-day simple moving average is $55.08 and its 200 day simple moving average is $55.63. 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.

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.