StoneX Group Inc. Invests $551,000 in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

StoneX Group Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 13,616 shares of the company’s stock, valued at approximately $551,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 7.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock valued at $2,085,000 after purchasing an additional 3,593 shares during the period. Ameliora Wealth Management Ltd. acquired a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter worth $162,000. Proficio Capital Partners LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $771,000. JPMorgan Chase & Co. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after acquiring an additional 64,843 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 1.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 193,541 shares of the company’s stock worth $7,821,000 after acquiring an additional 3,410 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $38.49 on Thursday. Global X U.S. Infrastructure Development ETF has a one year low of $35.72 and a one year high of $46.18. The stock has a 50-day moving average price of $40.20 and a 200 day moving average price of $41.59. The company has a market capitalization of $7.85 billion, a P/E ratio of 21.56 and a beta of 1.21.

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.