Transatlantique Private Wealth LLC Grows Stake in Global X U.S. Infrastructure Development ETF $PAVE

Transatlantique Private Wealth LLC grew its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.4% in the second quarter, Holdings Channel reports. The firm owned 58,635 shares of the company’s stock after purchasing an additional 3,546 shares during the period. Global X U.S. Infrastructure Development ETF comprises approximately 0.9% of Transatlantique Private Wealth LLC’s holdings, making the stock its 27th biggest position. Transatlantique Private Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,555,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in PAVE. Vontobel Holding Ltd. grew its position in shares of Global X U.S. Infrastructure Development ETF by 22.7% during the 1st quarter. Vontobel Holding Ltd. now owns 7,252 shares of the company’s stock valued at $274,000 after purchasing an additional 1,340 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.9% during the 1st quarter. Mutual Advisors LLC now owns 19,850 shares of the company’s stock worth $753,000 after acquiring an additional 739 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 4.1% during the 1st quarter. D.A. Davidson & CO. now owns 52,378 shares of the company’s stock worth $1,976,000 after acquiring an additional 2,046 shares during the last quarter. Silver Oak Securities Incorporated bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth $227,000. Finally, World Investment Advisors lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 4.4% during the 1st quarter. World Investment Advisors now owns 37,627 shares of the company’s stock worth $1,420,000 after acquiring an additional 1,590 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $48.12 on Tuesday. Global X U.S. Infrastructure Development ETF has a 52-week low of $32.65 and a 52-week high of $46.26. The company has a market capitalization of $9.51 billion, a P/E ratio of 23.34 and a beta of 1.24. The company has a fifty day moving average of $47.23 and a 200-day moving average of $44.47.

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.