Global X U.S. Infrastructure Development ETF $PAVE Shares Newly Purchased by Granville Capital Inc.

Granville Capital Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,003 shares of the company’s stock, valued at approximately $840,000.

Several other hedge funds also recently made changes to their positions in PAVE. Beaumont Financial Advisors LLC raised its position 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 valued at $861,000 after buying an additional 180 shares in the last quarter. American Institute for Advanced Investment Management LLP boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 0.5% in the third quarter. American Institute for Advanced Investment Management LLP now owns 40,965 shares of the company’s stock valued at $2,151,000 after buying an additional 206 shares during the period. Willner & Heller LLC grew its position in Global X U.S. Infrastructure Development ETF by 1.2% during the third quarter. Willner & Heller LLC now owns 17,721 shares of the company’s stock worth $930,000 after buying an additional 208 shares in the last quarter. Castleview Partners LLC grew its position in Global X U.S. Infrastructure Development ETF by 2.1% during the third quarter. Castleview Partners LLC now owns 11,082 shares of the company’s stock worth $582,000 after buying an additional 224 shares in the last quarter. Finally, Baird Financial Group Inc. grew its position in Global X U.S. Infrastructure Development ETF by 0.4% during the second quarter. Baird Financial Group Inc. now owns 62,115 shares of the company’s stock worth $3,660,000 after buying an additional 230 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Global X U.S. Infrastructure Development ETF stock opened at $53.95 on Thursday. The stock’s fifty day moving average price is $53.31 and its two-hundred day moving average price is $54.79. Global X U.S. Infrastructure Development ETF has a one year low of $45.44 and a one year high of $60.43. The firm has a market cap of $13.71 billion, a PE ratio of 24.12 and a beta of 1.20.

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.