7,165 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,165 shares of the company’s stock, valued at approximately $295,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 1,029.7% during the second quarter. Farmers & Merchants Investments Inc. now owns 723 shares of the company’s stock worth $27,000 after buying an additional 659 shares during the last quarter. Blue Trust Inc. boosted its stake in 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 worth $32,000 after acquiring an additional 508 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $33,000. First PREMIER Bank bought a new stake in Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $39,000. Finally, Howe & Rusling Inc. bought a new stake in Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $39,000.

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

Shares of BATS PAVE opened at $45.73 on Monday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company’s fifty day moving average is $42.68 and its 200-day moving average is $39.73. The stock has a market cap of $8.76 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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.