Global Retirement Partners LLC Acquires 3,156 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Global Retirement Partners LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 101.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 6,280 shares of the company’s stock after acquiring an additional 3,156 shares during the period. Global Retirement Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $254,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of PAVE. Wealth Enhancement Advisory Services LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 7.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock valued at $2,085,000 after purchasing an additional 3,593 shares during the last quarter. Ameliora Wealth Management Ltd. bought a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at about $162,000. Fisher Asset Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the third quarter worth about $295,000. JPMorgan Chase & Co. increased its holdings in Global X U.S. Infrastructure Development ETF by 10.9% during the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock worth $27,056,000 after buying an additional 64,843 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in Global X U.S. Infrastructure Development ETF by 1.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 193,541 shares of the company’s stock worth $7,821,000 after acquiring an additional 3,410 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 3.6 %

PAVE opened at $39.98 on Wednesday. The company’s 50-day moving average price is $41.59 and its two-hundred day moving average price is $41.54. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The stock has a market cap of $8.38 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently disclosed 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 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.