Jmac Enterprises LLC Has $11.33 Million Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Jmac Enterprises LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 275,316 shares of the company’s stock after purchasing an additional 12,750 shares during the period. Global X U.S. Infrastructure Development ETF comprises 1.8% of Jmac Enterprises LLC’s investment portfolio, making the stock its 11th largest holding. Jmac Enterprises LLC owned approximately 0.14% of Global X U.S. Infrastructure Development ETF worth $11,332,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. raised its position in Global X U.S. Infrastructure Development ETF by 1,029.7% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock valued at $27,000 after buying an additional 659 shares during the last quarter. Blue Trust Inc. lifted 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 valued at $32,000 after buying an additional 508 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at $33,000. First PREMIER Bank bought a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $39,000. Finally, Clear Point Advisors Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the second quarter worth $40,000.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE stock opened at $45.22 on Thursday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The company has a market capitalization of $8.66 billion, a PE ratio of 20.28 and a beta of 1.13. The company’s 50 day moving average price is $40.53 and its two-hundred day moving average price is $38.94.

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.