Global X U.S. Infrastructure Development ETF $PAVE Shares Bought by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,875 shares of the company’s stock after acquiring an additional 3,284 shares during the quarter. Prosperity Financial Group Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,304,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Arlington Trust Co LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the 1st quarter valued at about $32,000. Private Wealth Asset Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $32,000. Global Trust Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $35,000. Elevation Wealth Partners LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $52,000. Finally, Trust Co. of Toledo NA OH purchased a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at approximately $53,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS:PAVE opened at $47.14 on Thursday. The business’s fifty day moving average price is $46.90 and its two-hundred day moving average price is $43.60. The stock has a market cap of $9.31 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a one year low of $32.65 and a one year high of $46.26.

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.