CX Institutional Grows Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

CX Institutional grew its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.5% in the fourth quarter, Holdings Channel reports. The firm owned 126,363 shares of the company’s stock after buying an additional 8,782 shares during the quarter. CX Institutional’s holdings in Global X U.S. Infrastructure Development ETF were worth $5,106,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Avior Wealth Management LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 3.9% during the third quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after buying an additional 254 shares during the last quarter. Richardson Capital Management LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 8.3% in the 3rd quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock worth $176,000 after purchasing an additional 326 shares during the period. Diversify Advisory Services LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 1.5% during the fourth quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock valued at $1,048,000 after purchasing an additional 380 shares during the period. Brookstone Capital Management raised its stake in shares of Global X U.S. Infrastructure Development ETF by 1.6% in the third quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock worth $1,098,000 after buying an additional 416 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock valued at $812,000 after purchasing an additional 422 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 5.3 %

Shares of PAVE opened at $43.66 on Friday. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The company has a market capitalization of $8.36 billion, a PE ratio of 20.28 and a beta of 1.13. The business’s 50 day moving average is $42.87 and its 200 day moving average is $40.89.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a $0.1394 dividend. 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.