Embree Financial Group Purchases 1,566 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Embree Financial Group grew its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 29.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,806 shares of the company’s stock after purchasing an additional 1,566 shares during the quarter. Embree Financial Group’s holdings in Global X U.S. Infrastructure Development ETF were worth $275,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $28,000. Trivant Custom Portfolio Group LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at about $32,000. First PREMIER Bank purchased a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $39,000. Howe & Rusling Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $39,000. Finally, Bartlett & CO. Wealth Management LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 102.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,095 shares of the company’s stock worth $44,000 after purchasing an additional 553 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $43.67 on Friday. The company has a market cap of $8.36 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The firm’s 50 day moving average price is $42.86 and its 200-day moving average price is $40.96.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.1394 per share. The ex-dividend date of this dividend 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.