Ellis Investment Partners LLC Raises Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Ellis Investment Partners LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,995 shares of the company’s stock after buying an additional 1,621 shares during the period. Ellis Investment Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,010,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Creative Planning increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.4% in the 3rd quarter. Creative Planning now owns 42,709 shares of the company’s stock worth $1,758,000 after buying an additional 1,402 shares during the last quarter. Vontobel Holding Ltd. purchased a new position in Global X U.S. Infrastructure Development ETF in the third quarter worth about $243,000. Good Life Advisors LLC increased its stake in Global X U.S. Infrastructure Development ETF by 111.4% during the third quarter. Good Life Advisors LLC now owns 15,680 shares of the company’s stock worth $645,000 after acquiring an additional 8,264 shares during the last quarter. Secure Asset Management LLC raised its position in Global X U.S. Infrastructure Development ETF by 5.1% during the third quarter. Secure Asset Management LLC now owns 10,880 shares of the company’s stock valued at $448,000 after purchasing an additional 525 shares during the period. Finally, Stratos Wealth Partners LTD. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 10.6% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 503,508 shares of the company’s stock valued at $20,724,000 after purchasing an additional 48,142 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $41.92 on Friday. The business’s 50 day moving average price is $41.91 and its 200-day moving average price is $41.32. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The company has a market cap of $8.03 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

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.