Crew Capital Management Ltd. Takes $403,000 Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Crew Capital Management Ltd. acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,974 shares of the company’s stock, valued at approximately $403,000.

Other hedge funds also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $28,000. Hanson & Doremus Investment Management bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $28,000. Sofi Wealth LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $28,000. Key Financial Inc increased its stake in shares of 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 worth $31,000 after purchasing an additional 650 shares during the period. Finally, Trivant Custom Portfolio Group LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $32,000.

Global X U.S. Infrastructure Development ETF Trading Down 7.6 %

Shares of BATS PAVE opened at $38.29 on Wednesday. The firm has a market cap of $8.03 billion, a P/E ratio of 23.20 and a beta of 1.25. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The business’s 50 day moving average is $41.42 and its 200-day moving average is $41.60.

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 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.