Raymond James & Associates Has $32.15 Million Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Raymond James & Associates raised its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 64.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 781,038 shares of the company’s stock after acquiring an additional 305,548 shares during the period. Raymond James & Associates owned approximately 0.41% of Global X U.S. Infrastructure Development ETF worth $32,148,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of PAVE. Signaturefd LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.2% during the 2nd quarter. Signaturefd LLC now owns 3,254 shares of the company’s stock worth $120,000 after acquiring an additional 300 shares during the period. American Institute for Advanced Investment Management LLP lifted its stake in Global X U.S. Infrastructure Development ETF by 0.7% during the first quarter. American Institute for Advanced Investment Management LLP now owns 43,969 shares of the company’s stock worth $1,750,000 after purchasing an additional 324 shares during the last quarter. Trademark Financial Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.6% in the 1st quarter. Trademark Financial Management LLC now owns 21,597 shares of the company’s stock valued at $860,000 after purchasing an additional 336 shares in the last quarter. Cascade Financial Partners LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 1.3% in the 2nd quarter. Cascade Financial Partners LLC now owns 27,603 shares of the company’s stock valued at $1,022,000 after purchasing an additional 353 shares during the last quarter. Finally, BOKF NA raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the 2nd quarter. BOKF NA now owns 3,800 shares of the company’s stock worth $141,000 after buying an additional 375 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 0.6 %

Global X U.S. Infrastructure Development ETF stock opened at $41.51 on Thursday. The stock has a market cap of $7.95 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The business’s 50-day moving average price is $39.87 and its two-hundred day moving average price is $38.69.

About Global X U.S. Infrastructure Development ETF

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.