Congress Wealth Management LLC DE Has $68.83 Million Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Congress Wealth Management LLC DE lessened its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,703,194 shares of the company’s stock after selling 51,136 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for approximately 0.9% of Congress Wealth Management LLC DE’s portfolio, making the stock its 13th largest position. Congress Wealth Management LLC DE owned about 0.89% of Global X U.S. Infrastructure Development ETF worth $68,826,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 367.1% in the third quarter. PNC Financial Services Group Inc. now owns 47,518 shares of the company’s stock worth $1,956,000 after purchasing an additional 37,344 shares during the last quarter. Okabena Investment Services Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at $741,000. MGB Wealth Management LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 1.5% during the 3rd quarter. MGB Wealth Management LLC now owns 43,428 shares of the company’s stock valued at $1,785,000 after acquiring an additional 650 shares in the last quarter. Pekin Hardy Strauss Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 13.0% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 18,855 shares of the company’s stock worth $776,000 after acquiring an additional 2,165 shares during the last quarter. Finally, Fisher Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth $295,000.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE opened at $38.25 on Monday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $35.72 and a fifty-two week high of $46.18. The firm has a market capitalization of $7.86 billion, a P/E ratio of 21.38 and a beta of 1.27. The company’s 50-day moving average is $40.80 and its 200 day moving average is $41.58.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders 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 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.