Global X Funds - Global X U.S. Infrastructure Development ETF
US ˙ BATS ˙ US37954Y6730

SecurityPAVE / Global X Funds - Global X U.S. Infrastructure Development ETF
InstitutionLevel Four Advisory Services, Llc
Latest Disclosed Ownership37,983 shares
Latest Disclosed Value $ 1,929,938
Level Four Advisory Services, Llc reports 118.68% increase in ownership of PAVE / Global X Funds - Global X U.S. Infrastructure Development ETF

On May 14, 2026 - Level Four Advisory Services, Llc filed a 13F-HR form disclosing ownership of 37,983 shares of Global X Funds - Global X U.S. Infrastructure Development ETF (US:PAVE) valued at $1,929,916 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 17,369 shares of Global X Funds - Global X U.S. Infrastructure Development ETF. This represents a change in shares of 118.68% during the quarter. The current value of the position is $2,176,046 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F GLOBAL X FDS US INFR DEV ETF 37954Y673 37,983 20,614 118.68 1,930 132.41 0.0634
2026-02-13 2025-12-31 13F GLOBAL X FDS US INFR DEV ETF 37954Y673 17,369 -3,000 -14.73 830 -14.43 0.0272
2025-11-12 2025-09-30 13F GLOBAL X FDS US INFR DEV ETF 37954Y673 20,369 2,567 14.42 970 25.16 0.0332
2025-08-13 2025-06-30 13F GLOBAL X FDS US INFR DEV ETF 37954Y673 17,802 -6,889 -27.90 776 -16.76 0.0286
2025-05-14 2025-03-31 13F GLOBAL X FDS US INFR DEV ETF 37954Y673 24,691 -3,923 -13.71 932 -19.46 0.0383
2025-02-12 2024-12-31 13F GLOBAL X FDS US INFR DEV ETF 37954Y673 28,614 397 1.41 1,156 -0.34 0.0473
2024-11-14 2024-09-30 13F GLOBAL X FDS US INFR DEV ETF 37954Y673 28,217 15,213 116.99 1,160 141.16 0.0488
2024-08-09 2024-06-30 13F GLOBAL X FDS US INFR DEV ETF 37954Y673 13,004 13,004 481 0.0217
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.