Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. lifted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 36,148 shares of the company’s stock after purchasing an additional 875 shares during the quarter. Focus Financial Network Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,466,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in PAVE. Bank of Montreal Can increased its holdings in Global X U.S. Infrastructure Development ETF by 3.0% in the third quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after buying an additional 586,418 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 19.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock worth $57,086,000 after acquiring an additional 229,948 shares during the period. First Interstate Bank increased its stake in Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after purchasing an additional 357,771 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Global X U.S. Infrastructure Development ETF by 3.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock worth $44,735,000 after purchasing an additional 32,939 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC boosted its position in Global X U.S. Infrastructure Development ETF by 1.0% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock worth $39,536,000 after purchasing an additional 10,056 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Global X U.S. Infrastructure Development ETF stock opened at $42.06 on Wednesday. The firm has a market capitalization of $8.06 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. 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 stock’s fifty day moving average is $42.17 and its two-hundred day moving average is $41.28.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors 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.