5,000 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Bought by Point72 Hong Kong Ltd

Point72 Hong Kong Ltd bought a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,000 shares of the company’s stock, valued at approximately $206,000.

Other large investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,029.7% during the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock worth $27,000 after buying an additional 659 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 164.9% during the 2nd quarter. Blue Trust Inc. now owns 816 shares of the company’s stock worth $32,000 after acquiring an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $33,000. First PREMIER Bank bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth $39,000. Finally, Howe & Rusling Inc. acquired a new position in Global X U.S. Infrastructure Development ETF during the third quarter worth $39,000.

Global X U.S. Infrastructure Development ETF Trading Down 0.3 %

Global X U.S. Infrastructure Development ETF stock opened at $45.58 on Tuesday. The company has a fifty day simple moving average of $42.78 and a 200 day simple moving average of $39.77. 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 cap of $8.73 billion, a P/E ratio of 20.28 and a beta of 1.13.

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.