Eagle Strategies LLC Purchases 64,210 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Eagle Strategies LLC increased its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 24.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 327,572 shares of the company’s stock after acquiring an additional 64,210 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises about 2.4% of Eagle Strategies LLC’s investment portfolio, making the stock its 6th largest position. Eagle Strategies LLC owned approximately 0.17% of Global X U.S. Infrastructure Development ETF worth $13,483,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PAVE. Farmers & Merchants Investments Inc. increased its holdings in Global X U.S. Infrastructure Development ETF by 1,029.7% in the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after purchasing an additional 659 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 164.9% in the second quarter. Blue Trust Inc. now owns 816 shares of the company’s stock worth $32,000 after acquiring an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth about $33,000. First PREMIER Bank bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth about $39,000. Finally, Clear Point Advisors Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth about $40,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $41.52 on Wednesday. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The business has a 50-day moving average of $40.14 and a two-hundred day moving average of $38.76. The company has a market capitalization of $7.95 billion, a P/E ratio of 20.28 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.