Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Richardson Capital Management LLC

Posted by Geri Gentry on Feb 23rd, 2025

Richardson Capital Management LLC boosted its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 94.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,304 shares of the company’s stock after purchasing an additional 4,028 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises 0.2% of Richardson Capital Management LLC’s holdings, making the stock its 24th biggest position. Richardson Capital Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $336,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PAVE. Creative Planning boosted its position in shares of Global X U.S. Infrastructure Development ETF by 3.4% during the third 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 period. Sequoia Financial Advisors LLC raised its stake in Global X U.S. Infrastructure Development ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock valued at $812,000 after acquiring an additional 422 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Global X U.S. Infrastructure Development ETF by 30.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,073,601 shares of the company’s stock worth $44,007,000 after acquiring an additional 247,941 shares during the period. NorthCrest Asset Manangement LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 8.3% in the third quarter. NorthCrest Asset Manangement LLC now owns 73,952 shares of the company’s stock worth $3,044,000 after purchasing an additional 5,639 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 31.4% during the third quarter. Arkadios Wealth Advisors now owns 20,136 shares of the company’s stock valued at $829,000 after purchasing an additional 4,815 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 2.4 %

Shares of BATS PAVE opened at $40.44 on Friday. The stock has a market cap of $7.74 billion, a P/E ratio of 20.28 and a beta of 1.13. The firm’s 50-day simple moving average is $41.70 and its 200 day simple moving average is $41.47. 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.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently declared 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

(Free Report)

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.