Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 124.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,131 shares of the company’s stock after buying an additional 105,586 shares during the quarter. Janney Montgomery Scott LLC owned about 0.10% of Global X U.S. Infrastructure Development ETF worth $7,826,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Bank of Montreal Can increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 11.0% in the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock worth $726,044,000 after acquiring an additional 1,928,517 shares during the period. Cetera Investment Advisers increased its stake in shares of Global X U.S. Infrastructure Development ETF by 325.0% in the first quarter. Cetera Investment Advisers now owns 922,494 shares of the company’s stock valued at $36,724,000 after purchasing an additional 705,438 shares during the period. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 84.5% during the second quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock valued at $34,761,000 after buying an additional 430,000 shares during the last quarter. Evergreen Capital Management LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth approximately $15,437,000. Finally, First Interstate Bank grew its holdings in Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after buying an additional 357,771 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $44.89 on Friday. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The company has a market capitalization of $8.60 billion, a P/E ratio of 20.28 and a beta of 1.13. The business’s fifty day moving average price is $40.53 and its two-hundred day moving average price is $38.94.

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.