Private Advisor Group LLC Buys 62,509 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Private Advisor Group LLC boosted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 24.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 315,428 shares of the company’s stock after acquiring an additional 62,509 shares during the period. Private Advisor Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $12,747,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Hanson & Doremus Investment Management purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $28,000. Key Financial Inc grew its holdings in Global X U.S. Infrastructure Development ETF by 613.2% during the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after purchasing an additional 650 shares during the period. Trivant Custom Portfolio Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter worth $32,000. Finally, Synergy Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $38,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $41.60 on Friday. The business’s fifty day moving average price is $41.79 and its 200-day moving average price is $41.41. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The stock has a market capitalization of $7.97 billion, a PE ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

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