Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Purchased by Richardson Capital Management LLC

Richardson Capital Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 94.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,304 shares of the company’s stock after purchasing an additional 4,028 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up approximately 0.2% of Richardson Capital Management LLC’s holdings, making the stock its 24th largest holding. Richardson Capital Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $336,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Principal Financial Group Inc. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 40.0% in the fourth quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock worth $140,619,000 after buying an additional 994,800 shares during the last quarter. EP Wealth Advisors LLC bought a new position in Global X U.S. Infrastructure Development ETF during the third quarter worth $31,003,000. Axxcess Wealth Management LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 1,243.3% in the third quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock worth $27,909,000 after purchasing an additional 627,585 shares during the period. Bank of Montreal Can increased its stake in 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 valued at $822,978,000 after purchasing an additional 586,418 shares during the last quarter. Finally, First Interstate Bank lifted its position 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 buying an additional 357,771 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 2.4 %

Shares of BATS:PAVE opened at $40.44 on Friday. The company has a market cap of $7.74 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The firm has a 50-day simple moving average of $41.70 and a 200 day simple moving average of $41.47.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given 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 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.