Wilmington Savings Fund Society FSB Takes Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Wilmington Savings Fund Society FSB acquired a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,852 shares of the company’s stock, valued at approximately $117,000.

Other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can lifted its holdings in shares of 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 worth $726,044,000 after acquiring an additional 1,928,517 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter worth $31,003,000. Axxcess Wealth Management LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock valued at $27,909,000 after acquiring an additional 627,585 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management boosted its holdings in Global X U.S. Infrastructure Development ETF by 84.5% during the 2nd quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock valued at $34,761,000 after acquiring an additional 430,000 shares during the period. Finally, Evergreen Capital Management LLC bought a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $15,437,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE stock opened at $40.75 on Friday. The company has a market capitalization of $7.81 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The stock has a 50 day moving average price of $43.50 and a two-hundred day moving average price of $40.20.

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.