Wealthcare Capital Management LLC Boosts Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Wealthcare Capital Management LLC lifted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,450 shares of the company’s stock after buying an additional 471 shares during the period. Wealthcare Capital Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $341,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank of Montreal Can increased its holdings in Global X U.S. Infrastructure Development ETF by 11.0% during the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock valued at $726,044,000 after purchasing an additional 1,928,517 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $31,003,000. Axxcess Wealth Management LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% during the third quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock valued at $27,909,000 after acquiring an additional 627,585 shares in the last quarter. Evergreen Capital Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the second quarter worth $15,437,000. Finally, First Interstate Bank boosted its holdings in Global X U.S. Infrastructure Development ETF by 47.6% in the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after acquiring an additional 357,771 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 3.3 %

Shares of BATS PAVE opened at $42.80 on Friday. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The firm has a market capitalization of $8.20 billion, a PE ratio of 20.28 and a beta of 1.13. The firm has a fifty day simple moving average of $43.06 and a two-hundred day simple moving average of $40.66.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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