JFS Wealth Advisors LLC Purchases 2,475 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

JFS Wealth Advisors LLC raised its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,735 shares of the company’s stock after buying an additional 2,475 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,404,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in PAVE. MassMutual Private Wealth & Trust FSB acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $28,000. Hanson & Doremus Investment Management bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at $28,000. Trivant Custom Portfolio Group LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $32,000. Synergy Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $38,000. Finally, Howe & Rusling Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $39,000.

Global X U.S. Infrastructure Development ETF Stock Up 1.1 %

BATS:PAVE opened at $41.92 on Monday. The firm has a market cap of $8.03 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The company’s 50-day moving average price is $41.91 and its two-hundred day moving average price is $41.34.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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

Global X U.S. Infrastructure Development ETF Company 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.