Fmr LLC Acquires 5,619 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Fmr LLC increased its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 18.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,497 shares of the company’s stock after acquiring an additional 5,619 shares during the quarter. Fmr LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,502,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Sequoia Financial Advisors LLC lifted its position in Global X U.S. Infrastructure Development ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock valued at $812,000 after purchasing an additional 422 shares during the last quarter. Fisher Asset Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the third quarter valued at approximately $295,000. Raymond James & Associates lifted its position in Global X U.S. Infrastructure Development ETF by 64.3% during the third quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock valued at $32,148,000 after purchasing an additional 305,548 shares during the last quarter. Granite Bay Wealth Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $3,081,000. Finally, HBW Advisory Services LLC lifted its position in Global X U.S. Infrastructure Development ETF by 132.0% during the third quarter. HBW Advisory Services LLC now owns 362,258 shares of the company’s stock valued at $14,911,000 after purchasing an additional 206,101 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $43.17 on Monday. 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 has a market cap of $8.27 billion, a PE ratio of 20.28 and a beta of 1.13. The company has a 50 day simple moving average of $43.41 and a two-hundred day simple moving average of $40.12.

About Global X U.S. Infrastructure Development ETF

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.