Arkadios Wealth Advisors Increases Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Arkadios Wealth Advisors increased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 26.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,498 shares of the company’s stock after buying an additional 5,362 shares during the quarter. Arkadios Wealth Advisors’ holdings in Global X U.S. Infrastructure Development ETF were worth $1,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Trivant Custom Portfolio Group LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $32,000. Merit Financial Group LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 239.2% in the fourth quarter. Merit Financial Group LLC now owns 202,775 shares of the company’s stock valued at $8,194,000 after acquiring an additional 142,997 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 9.7% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 117,564 shares of the company’s stock valued at $4,751,000 after acquiring an additional 10,382 shares during the last quarter. Wealthcare Capital Management LLC grew its position in Global X U.S. Infrastructure Development ETF by 5.9% during the fourth quarter. Wealthcare Capital Management LLC now owns 8,450 shares of the company’s stock valued at $341,000 after acquiring an additional 471 shares during the period. Finally, Kraematon Investment Advisors Inc. increased its stake in Global X U.S. Infrastructure Development ETF by 10.0% during the fourth quarter. Kraematon Investment Advisors Inc. now owns 35,062 shares of the company’s stock worth $1,417,000 after acquiring an additional 3,180 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $42.90 on Monday. The business’s 50-day simple moving average is $42.96 and its 200-day simple moving average is $40.78. The firm has a market capitalization of $8.22 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

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

About Global X U.S. Infrastructure Development ETF

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.