Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Purchased by US Bancorp DE

US Bancorp DE boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 205.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,514 shares of the company’s stock after buying an additional 13,787 shares during the quarter. US Bancorp DE’s holdings in Global X U.S. Infrastructure Development ETF were worth $829,000 as of its most recent SEC filing.

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

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE stock opened at $37.94 on Tuesday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The company has a fifty day moving average of $41.20 and a 200-day moving average of $41.61. The stock has a market capitalization of $7.96 billion, a PE ratio of 23.20 and a beta of 1.25.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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