Embree Financial Group Grows Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Embree Financial Group grew its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 29.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,806 shares of the company’s stock after purchasing an additional 1,566 shares during the period. Embree Financial Group’s holdings in Global X U.S. Infrastructure Development ETF were worth $275,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PAVE. MassMutual Private Wealth & Trust FSB purchased a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $28,000. Trivant Custom Portfolio Group LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $32,000. First PREMIER Bank purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth approximately $39,000. Howe & Rusling Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth approximately $39,000. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 102.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,095 shares of the company’s stock worth $44,000 after acquiring an additional 553 shares during the last quarter.

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

PAVE opened at $43.67 on Friday. The business has a fifty day moving average of $42.86 and a 200 day moving average of $40.96. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The stock has a market cap of $8.36 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business 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.

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.