NCM Capital Management LLC Invests $206,000 in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

NCM Capital Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,006 shares of the company’s stock, valued at approximately $206,000.

Other large investors have also recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC raised its position in Global X U.S. Infrastructure Development ETF by 10.3% in the third quarter. Arete Wealth Advisors LLC now owns 9,579 shares of the company’s stock worth $392,000 after acquiring an additional 898 shares in the last quarter. RPg Family Wealth Advisory LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 5.1% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 15,371 shares of the company’s stock worth $633,000 after purchasing an additional 745 shares during the period. CreativeOne Wealth LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 8.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 98,217 shares of the company’s stock valued at $4,043,000 after purchasing an additional 7,922 shares in the last quarter. Townsquare Capital LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 35.7% in the 3rd quarter. Townsquare Capital LLC now owns 8,506 shares of the company’s stock valued at $350,000 after purchasing an additional 2,238 shares in the last quarter. Finally, FMR LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 18.2% in the third quarter. FMR LLC now owns 36,497 shares of the company’s stock valued at $1,502,000 after purchasing an additional 5,619 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 0.4 %

Shares of PAVE opened at $45.75 on Friday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The firm has a market capitalization of $8.76 billion, a P/E ratio of 20.28 and a beta of 1.13. The firm’s 50-day moving average is $42.68 and its two-hundred day moving average is $39.72.

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.