Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. boosted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,148 shares of the company’s stock after acquiring an additional 875 shares during the period. Focus Financial Network Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,466,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its stake in shares of Global X U.S. Infrastructure Development ETF by 3.0% during the third 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. Commonwealth Equity Services LLC increased its stake in Global X U.S. Infrastructure Development ETF by 19.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after buying an additional 229,948 shares during the period. First Interstate Bank raised its position in Global X U.S. Infrastructure Development ETF by 47.6% during the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after buying an additional 357,771 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 3.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock worth $44,735,000 after acquiring an additional 32,939 shares during the period. Finally, Moss Adams Wealth Advisors LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.0% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock valued at $39,536,000 after acquiring an additional 10,056 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 1.5 %

BATS PAVE opened at $42.06 on Wednesday. The stock has a market capitalization of $8.06 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The firm has a 50-day moving average price of $42.17 and a 200 day moving average price of $41.28.

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 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.