Ameritas Advisory Services LLC Grows Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Ameritas Advisory Services LLC raised its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.8% in the 4th quarter, Holdings Channel reports. The fund owned 419,810 shares of the company’s stock after purchasing an additional 15,282 shares during the period. Ameritas Advisory Services LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $16,965,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Premier Path Wealth Partners LLC increased its stake in Global X U.S. Infrastructure Development ETF by 5.6% during the 4th quarter. Premier Path Wealth Partners LLC now owns 10,981 shares of the company’s stock worth $444,000 after buying an additional 584 shares during the period. Arkadios Wealth Advisors grew its stake in shares of Global X U.S. Infrastructure Development ETF by 26.6% during the fourth quarter. Arkadios Wealth Advisors now owns 25,498 shares of the company’s stock valued at $1,030,000 after acquiring an additional 5,362 shares in the last quarter. Trivant Custom Portfolio Group LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $32,000. Merit Financial Group LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 239.2% in the fourth quarter. Merit Financial Group LLC now owns 202,775 shares of the company’s stock worth $8,194,000 after acquiring an additional 142,997 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 9.7% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 117,564 shares of the company’s stock valued at $4,751,000 after purchasing an additional 10,382 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 3.5 %

Shares of BATS PAVE opened at $42.90 on Friday. The business has a 50 day moving average price of $42.96 and a two-hundred day moving average price of $40.75. 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 market cap of $8.22 billion, a PE ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

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