TD Waterhouse Canada Inc. raised its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 57.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 28,311 shares of the company’s stock after buying an additional 10,356 shares during the period. TD Waterhouse Canada Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,668,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in Global X U.S. Infrastructure Development ETF by 3.7% in the 1st quarter. Bank of America Corp DE now owns 25,499,439 shares of the company’s stock valued at $1,295,627,000 after buying an additional 903,562 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Global X U.S. Infrastructure Development ETF by 3.7% during the fourth quarter. Bank of Montreal Can now owns 24,643,304 shares of the company’s stock valued at $1,177,704,000 after acquiring an additional 868,412 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.9% during the fourth quarter. Morgan Stanley now owns 10,218,475 shares of the company’s stock worth $488,341,000 after purchasing an additional 288,691 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 43.3% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 8,938,139 shares of the company’s stock worth $454,147,000 after purchasing an additional 2,699,000 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 4.7% in the fourth quarter. LPL Financial LLC now owns 7,627,988 shares of the company’s stock valued at $364,542,000 after purchasing an additional 340,014 shares during the period.
Global X U.S. Infrastructure Development ETF Stock Down 0.6%
Shares of BATS:PAVE opened at $54.81 on Wednesday. The firm has a market cap of $10.83 billion, a P/E 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 business has a fifty day simple moving average of $56.70 and a 200 day simple moving average of $55.51.
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.
Featured Articles
- Five stocks we like better than Global X U.S. Infrastructure Development ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding PAVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report).
Receive News & Ratings for Global X U.S. Infrastructure Development ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Infrastructure Development ETF and related companies with MarketBeat.com's FREE daily email newsletter.
