Global X U.S. Infrastructure Development ETF (BATS:PAVE) Sets New 1-Year High at $31.28

Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) hit a new 52-week high on Monday . The company traded as high as $31.28 and last traded at $31.19, with a volume of 582549 shares trading hands. The stock had previously closed at $31.26.

Global X U.S. Infrastructure Development ETF Trading Down 0.2 %

The company has a market cap of $4.89 billion, a price-to-earnings ratio of 10.90 and a beta of 1.27. The firm’s fifty day simple moving average is $30.08 and its 200 day simple moving average is $30.36.

Institutional Trading of Global X U.S. Infrastructure Development ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. SRS Capital Advisors Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the first quarter valued at about $25,000. Sunbelt Securities Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $26,000. Crewe Advisors LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 1,094.0% during the 3rd quarter. Crewe Advisors LLC now owns 1,003 shares of the company’s stock worth $30,000 after buying an additional 919 shares during the period. First Horizon Advisors Inc. bought a new position in Global X U.S. Infrastructure Development ETF in the second quarter valued at approximately $31,000. Finally, Impact Partnership Wealth LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $31,000.

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.