Ausdal Financial Partners Inc. Boosts Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Ausdal Financial Partners Inc. lifted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 11.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 83,054 shares of the company’s stock after purchasing an additional 8,600 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,356,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 7.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock valued at $2,085,000 after purchasing an additional 3,593 shares during the period. Ameliora Wealth Management Ltd. acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $162,000. Proficio Capital Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $771,000. Fisher Asset Management LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the third quarter valued at approximately $295,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after acquiring an additional 64,843 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE stock opened at $39.34 on Wednesday. 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 stock’s fifty day moving average is $40.76 and its two-hundred day moving average is $41.61. The firm has a market capitalization of $8.09 billion, a P/E ratio of 21.38 and a beta of 1.27.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.1394 dividend. 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.