Global X U.S. Infrastructure Development ETF (BATS:PAVE) Position Increased by Fortem Financial Group LLC

Fortem Financial Group LLC grew its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,772 shares of the company’s stock after buying an additional 836 shares during the quarter. Fortem Financial Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,365,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after buying an additional 64,843 shares in the last quarter. PVG Asset Management Corp purchased a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $349,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $117,000. World Investment Advisors LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 23.1% in the third quarter. World Investment Advisors LLC now owns 15,403 shares of the company’s stock worth $634,000 after purchasing an additional 2,894 shares in the last quarter. Finally, Anchor Investment Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth approximately $140,000.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE traded up $0.56 on Monday, reaching $40.81. 1,901,488 shares of the company traded hands. The company has a market cap of $7.82 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The stock’s 50 day moving average price is $43.26 and its 200-day moving average price is $40.49. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th will be issued a dividend of $0.1394 per share. The ex-dividend date of this dividend is Monday, December 30th.

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.