Texas Yale Capital Corp. Makes New Investment in Global X U.S. Infrastructure Development ETF $PAVE

Texas Yale Capital Corp. bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 5,200 shares of the company’s stock, valued at approximately $227,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its stake in Global X U.S. Infrastructure Development ETF by 73.8% during the 1st quarter. Bank of New York Mellon Corp now owns 9,258 shares of the company’s stock worth $349,000 after acquiring an additional 3,931 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 9.2% in the first quarter. Envestnet Asset Management Inc. now owns 1,583,324 shares of the company’s stock worth $59,739,000 after purchasing an additional 133,329 shares during the period. Fortem Financial Group LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 113.6% during the first quarter. Fortem Financial Group LLC now owns 72,143 shares of the company’s stock worth $2,722,000 after purchasing an additional 38,371 shares in the last quarter. CWM LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 6.5% during the first quarter. CWM LLC now owns 378,902 shares of the company’s stock worth $14,296,000 after purchasing an additional 23,198 shares in the last quarter. Finally, LRI Investments LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 1st quarter valued at $1,081,000.

Global X U.S. Infrastructure Development ETF Trading Up 15.2%

Shares of Global X U.S. Infrastructure Development ETF stock opened at $47.74 on Friday. The company has a market capitalization of $9.43 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12 month low of $32.65 and a 12 month high of $46.26. The stock’s fifty day simple moving average is $47.30 and its 200 day simple moving average is $44.74.

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.