8,435 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Acquired by Scissortail Wealth Management LLC

Scissortail Wealth Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 8,435 shares of the company’s stock, valued at approximately $292,000.

Several other large investors have also recently added to or reduced their stakes in PAVE. Morgan Stanley increased its position in shares of Global X U.S. Infrastructure Development ETF by 26.0% in the 3rd quarter. Morgan Stanley now owns 7,033,081 shares of the company’s stock valued at $213,665,000 after purchasing an additional 1,452,495 shares during the last quarter. LPL Financial LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 29.3% in the 3rd quarter. LPL Financial LLC now owns 6,173,869 shares of the company’s stock valued at $187,562,000 after purchasing an additional 1,400,747 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Global X U.S. Infrastructure Development ETF by 25.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,532,657 shares of the company’s stock valued at $137,702,000 after purchasing an additional 932,741 shares during the last quarter. Meitav Investment House Ltd. increased its position in shares of Global X U.S. Infrastructure Development ETF by 23.3% in the 4th quarter. Meitav Investment House Ltd. now owns 2,104,227 shares of the company’s stock valued at $72,746,000 after purchasing an additional 397,578 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Global X U.S. Infrastructure Development ETF by 6.4% in the 2nd quarter. Wells Fargo & Company MN now owns 1,735,693 shares of the company’s stock valued at $54,553,000 after purchasing an additional 104,956 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS:PAVE traded down $0.26 during trading hours on Wednesday, reaching $37.84. The stock had a trading volume of 1,369,977 shares. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The firm’s 50 day moving average is $38.02 and its 200-day moving average is $34.14. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of 20.75 and a beta of 1.13.

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.