Premier Path Wealth Partners LLC Purchases 584 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Premier Path Wealth Partners LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,981 shares of the company’s stock after buying an additional 584 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $444,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Trivant Custom Portfolio Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth $32,000. First PREMIER Bank bought a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth $39,000. Howe & Rusling Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth $39,000. Clear Point Advisors Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at about $40,000. Finally, Assetmark Inc. grew its stake in Global X U.S. Infrastructure Development ETF by 401.5% in the third quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock valued at $56,000 after purchasing an additional 1,088 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE stock opened at $42.90 on Friday. The firm has a 50-day simple moving average of $42.96 and a two-hundred day simple moving average of $40.75. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The firm has a market cap of $8.22 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

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 paid a $0.1394 dividend. The ex-dividend date 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.