Friedenthal Financial Takes $109,000 Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Friedenthal Financial acquired a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,687 shares of the company’s stock, valued at approximately $109,000.

Other large investors also recently bought and sold shares of the company. First PREMIER Bank purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth $39,000. Howe & Rusling Inc. bought a new position in Global X U.S. Infrastructure Development ETF in the third quarter worth about $39,000. Clear Point Advisors Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter valued at about $40,000. Assetmark Inc. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 401.5% in the 3rd quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock valued at $56,000 after buying an additional 1,088 shares in the last quarter. Finally, Main Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $59,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE traded down $0.55 during midday trading on Monday, reaching $40.06. 1,941,161 shares of the stock traded hands. The business has a 50-day moving average of $43.19 and a two-hundred day moving average of $40.61. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The stock has a market capitalization of $7.67 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 disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given 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.