Deane Retirement Strategies Inc. Takes $9.25 Million Position in Global X U.S. Infrastructure Development ETF $PAVE

Deane Retirement Strategies Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 194,181 shares of the company’s stock, valued at approximately $9,245,000. Global X U.S. Infrastructure Development ETF comprises approximately 4.0% of Deane Retirement Strategies Inc.’s investment portfolio, making the stock its 7th largest position. Deane Retirement Strategies Inc. owned about 0.10% of Global X U.S. Infrastructure Development ETF at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PAVE. Farther Finance Advisors LLC raised its stake in Global X U.S. Infrastructure Development ETF by 7.1% in the third quarter. Farther Finance Advisors LLC now owns 51,752 shares of the company’s stock valued at $2,465,000 after buying an additional 3,447 shares in the last quarter. Berger Financial Group Inc increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 7.9% in the 3rd quarter. Berger Financial Group Inc now owns 4,974 shares of the company’s stock valued at $237,000 after acquiring an additional 363 shares during the last quarter. Matauro LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 3.8% during the 3rd quarter. Matauro LLC now owns 14,253 shares of the company’s stock worth $679,000 after acquiring an additional 517 shares in the last quarter. Castleview Partners LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 81.9% during the third quarter. Castleview Partners LLC now owns 20,389 shares of the company’s stock worth $971,000 after purchasing an additional 9,180 shares during the last quarter. Finally, Focus Financial Network Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 7.4% in the third quarter. Focus Financial Network Inc. now owns 37,693 shares of the company’s stock valued at $1,795,000 after purchasing an additional 2,609 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 18.3%

Shares of Global X U.S. Infrastructure Development ETF stock opened at $49.06 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 firm’s 50 day moving average is $47.93 and its two-hundred day moving average is $46.38. The firm has a market capitalization of $9.69 billion, a P/E ratio of 23.34 and a beta of 1.24.

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