Private Advisor Group LLC Has $12.75 Million Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Private Advisor Group LLC increased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 24.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 315,428 shares of the company’s stock after acquiring an additional 62,509 shares during the period. Private Advisor Group LLC owned about 0.16% of Global X U.S. Infrastructure Development ETF worth $12,747,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB bought a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $28,000. Hanson & Doremus Investment Management purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $28,000. Key Financial Inc lifted its position in shares of Global X U.S. Infrastructure Development ETF by 613.2% during the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after purchasing an additional 650 shares in the last quarter. Trivant Custom Portfolio Group LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $32,000. Finally, Synergy Asset Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $38,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $41.60 on Friday. 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 $41.79 and a two-hundred day moving average price of $41.41. The firm has a market cap of $7.97 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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

Global X U.S. Infrastructure Development ETF 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.