Gries Financial LLC Invests $583,000 in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Gries Financial LLC acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 14,416 shares of the company’s stock, valued at approximately $583,000.

A number of other large investors have also recently bought and sold shares of PAVE. NewEdge Advisors LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 37.1% during the second quarter. NewEdge Advisors LLC now owns 77,603 shares of the company’s stock valued at $2,873,000 after purchasing an additional 20,980 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth $7,041,000. Heritage Wealth Management Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at about $309,000. Centaurus Financial Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF by 15.5% in the second quarter. Centaurus Financial Inc. now owns 182,136 shares of the company’s stock valued at $6,743,000 after purchasing an additional 24,429 shares during the last quarter. Finally, HBW Advisory Services LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 132.0% in the third quarter. HBW Advisory Services LLC now owns 362,258 shares of the company’s stock worth $14,911,000 after purchasing an additional 206,101 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.5 %

PAVE opened at $42.06 on Thursday. The stock’s 50 day moving average price is $42.78 and its two-hundred day moving average price is $41.08. The firm has a market capitalization of $8.06 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Investors 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.