Trust Co. of Toledo NA OH Invests $53,000 in Global X U.S. Infrastructure Development ETF $PAVE

Trust Co. of Toledo NA OH purchased a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,221 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds also recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $35,000. Arlington Trust Co LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth approximately $32,000. Elevation Wealth Partners LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $52,000. GAMMA Investing LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $71,000. Finally, Larson Financial Group LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 1,359.9% during the 1st quarter. Larson Financial Group LLC now owns 2,219 shares of the company’s stock worth $84,000 after acquiring an additional 2,067 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 13.6%

Shares of PAVE opened at $47.09 on Tuesday. The stock has a market capitalization of $9.30 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a twelve month low of $32.65 and a twelve month high of $46.26. The company has a 50 day moving average of $46.67 and a 200-day moving average of $43.10.

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.