Global X U.S. Infrastructure Development ETF $PAVE Shares Acquired by Journey Advisory Group LLC

Journey Advisory Group LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 29.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,525 shares of the company’s stock after purchasing an additional 2,600 shares during the period. Journey Advisory Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PAVE. Private Wealth Asset Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth about $32,000. Global Trust Asset Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $35,000. Arlington Trust Co LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter valued at about $32,000. Elevation Wealth Partners LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $52,000. Finally, Trust Co. of Toledo NA OH acquired a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $53,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE stock opened at $47.93 on Tuesday. The firm’s 50 day moving average price is $46.87 and its 200-day moving average price is $43.43. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.26. The firm has a market cap of $9.47 billion, a P/E ratio of 23.34 and a beta of 1.24.

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.