Oppenheimer & Co. Inc. Grows Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Oppenheimer & Co. Inc. lifted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 98,611 shares of the company’s stock after purchasing an additional 3,492 shares during the period. Oppenheimer & Co. Inc. owned 0.05% of Global X U.S. Infrastructure Development ETF worth $4,059,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Bank of Montreal Can raised its stake in Global X U.S. Infrastructure Development ETF by 11.0% in the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock valued at $726,044,000 after acquiring an additional 1,928,517 shares during the period. Meitav Investment House Ltd. raised its position in shares of Global X U.S. Infrastructure Development ETF by 9.9% in the second quarter. Meitav Investment House Ltd. now owns 2,696,368 shares of the company’s stock valued at $99,905,000 after purchasing an additional 242,141 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Global X U.S. Infrastructure Development ETF by 14.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock valued at $59,608,000 after purchasing an additional 198,255 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 19.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after buying an additional 229,948 shares in the last quarter. Finally, First Interstate Bank boosted its holdings in Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after buying an additional 357,771 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Down 0.6 %

Global X U.S. Infrastructure Development ETF stock opened at $43.81 on Friday. The firm has a market capitalization of $8.39 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The firm has a 50 day simple moving average of $41.30 and a 200 day simple moving average of $39.23. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

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.