Global X U.S. Infrastructure Development ETF $PAVE Shares Purchased by Symphony Financial Services Inc.

Symphony Financial Services Inc. raised its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,491 shares of the company’s stock after purchasing an additional 11,143 shares during the period. Global X U.S. Infrastructure Development ETF comprises 5.1% of Symphony Financial Services Inc.’s investment portfolio, making the stock its 6th biggest position. Symphony Financial Services Inc. owned approximately 0.10% of Global X U.S. Infrastructure Development ETF worth $9,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in Global X U.S. Infrastructure Development ETF by 26.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 149,973 shares of the company’s stock worth $7,059,000 after acquiring an additional 31,014 shares in the last quarter. Barnes Pettey Financial Advisors LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth $206,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth $509,000. Trilogy Capital Inc. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 408.9% during the third quarter. Trilogy Capital Inc. now owns 26,222 shares of the company’s stock worth $1,249,000 after purchasing an additional 21,069 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at $720,000.

Global X U.S. Infrastructure Development ETF Price Performance

Global X U.S. Infrastructure Development ETF stock opened at $54.26 on Wednesday. The stock’s fifty day moving average is $52.10 and its two-hundred day moving average is $49.09. The stock has a market cap of $10.72 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 $32.65 and a 1-year high of $56.74.

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.