Point72 Hong Kong Ltd Purchases Shares of 5,000 Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Point72 Hong Kong Ltd purchased a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,000 shares of the company’s stock, valued at approximately $206,000.

Other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can increased its holdings in Global X U.S. Infrastructure Development ETF by 3.0% in the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock worth $822,978,000 after acquiring an additional 586,418 shares in the last quarter. Meitav Investment House Ltd. boosted its holdings in Global X U.S. Infrastructure Development ETF by 9.9% in the 2nd quarter. Meitav Investment House Ltd. now owns 2,696,368 shares of the company’s stock worth $99,905,000 after buying an additional 242,141 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Global X U.S. Infrastructure Development ETF by 14.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $59,608,000 after buying an additional 198,255 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 19.9% during the third quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after acquiring an additional 229,948 shares during the period. Finally, First Interstate Bank lifted its position in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after acquiring an additional 357,771 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 0.3 %

BATS PAVE opened at $45.58 on Tuesday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The business has a 50-day moving average price of $42.78 and a 200-day moving average price of $39.77. The firm has a market cap of $8.73 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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.