Nwam LLC Purchases Shares of 23,852 Global X U.S. Infrastructure Development ETF $PAVE

Nwam LLC purchased a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the second quarter, HoldingsChannel.com reports. The firm purchased 23,852 shares of the company’s stock, valued at approximately $1,405,000.

Other institutional investors also recently made changes to their positions in the company. JNBA Financial Advisors increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,788.6% during the 2nd quarter. JNBA Financial Advisors now owns 20,737 shares of the company’s stock worth $1,353,000 after buying an additional 19,639 shares during the last quarter. M Holdings Securities Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at about $2,241,000. Headlands Technologies LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at about $418,000. Compass Financial Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the second quarter worth about $28,000. Finally, Accel Wealth Management increased its stake in Global X U.S. Infrastructure Development ETF by 18.8% during the second quarter. Accel Wealth Management now owns 18,663 shares of the company’s stock worth $1,100,000 after acquiring an additional 2,960 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Global X U.S. Infrastructure Development ETF stock opened at $53.92 on Wednesday. The company has a market cap of $10.65 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12 month low of $45.44 and a 12 month high of $60.43. The stock’s 50-day moving average is $57.11 and its 200-day moving average is $55.52.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.