Cathy Pareto & Associates Inc. Acquires Shares of 24,652 Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Cathy Pareto & Associates Inc. bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 24,652 shares of the company’s stock, valued at approximately $996,000. Global X U.S. Infrastructure Development ETF accounts for about 0.9% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 26th largest holding.

A number of other large investors also recently made changes to their positions in the company. EP Wealth Advisors LLC bought a new position in Global X U.S. Infrastructure Development ETF during the third quarter valued at about $31,003,000. Axxcess Wealth Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% during the 3rd 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 during the period. Bank of Montreal Can increased its stake in shares of Global X U.S. Infrastructure Development ETF by 3.0% during the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock worth $822,978,000 after purchasing an additional 586,418 shares during the last quarter. First Interstate Bank raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after purchasing an additional 357,771 shares during the period. Finally, Raymond James & Associates lifted its stake in Global X U.S. Infrastructure Development ETF by 64.3% in the third quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock valued at $32,148,000 after purchasing an additional 305,548 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS:PAVE opened at $43.67 on Monday. 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 has a fifty day simple moving average of $42.86 and a two-hundred day simple moving average of $40.99. The company has a market capitalization of $8.36 billion, a P/E ratio of 20.28 and a beta of 1.13.

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 issued a dividend of $0.1394 per share. The ex-dividend date of this dividend 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.