18,200 Shares in Global X U.S. Infrastructure Development ETF $PAVE Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC bought a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,200 shares of the company’s stock, valued at approximately $925,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Beaumont Financial Advisors LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 1.1% in the 1st quarter. Beaumont Financial Advisors LLC now owns 16,949 shares of the company’s stock worth $861,000 after buying an additional 180 shares in the last quarter. Gateway Wealth Partners LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.7% in the fourth quarter. Gateway Wealth Partners LLC now owns 5,169 shares of the company’s stock valued at $247,000 after buying an additional 183 shares during the period. Arete Wealth Advisors LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 3.8% during the fourth quarter. Arete Wealth Advisors LLC now owns 5,058 shares of the company’s stock valued at $242,000 after buying an additional 186 shares in the last quarter. AIFG Consultants Ltd. boosted its stake in Global X U.S. Infrastructure Development ETF by 1.0% during the fourth quarter. AIFG Consultants Ltd. now owns 19,194 shares of the company’s stock valued at $917,000 after buying an additional 189 shares in the last quarter. Finally, IFG Advisory LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 2.3% during the fourth quarter. IFG Advisory LLC now owns 8,491 shares of the company’s stock worth $406,000 after acquiring an additional 194 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 0.5%

Shares of Global X U.S. Infrastructure Development ETF stock opened at $58.59 on Friday. The company’s 50-day moving average price is $57.51 and its two-hundred day moving average price is $55.21. Global X U.S. Infrastructure Development ETF has a 52 week low of $45.44 and a 52 week high of $60.43. The stock has a market cap of $11.58 billion, a PE ratio of 23.34 and a beta of 1.24.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.