Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 512,324 shares of the company’s stock after purchasing an additional 8,816 shares during the quarter. Stratos Wealth Partners LTD. owned approximately 0.27% of Global X U.S. Infrastructure Development ETF worth $20,703,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in PAVE. Tandem Capital Management Corp ADV grew its stake in Global X U.S. Infrastructure Development ETF by 2.6% during the 4th quarter. Tandem Capital Management Corp ADV now owns 16,070 shares of the company’s stock worth $649,000 after buying an additional 400 shares during the last quarter. Financial Partners Group Inc boosted its stake in Global X U.S. Infrastructure Development ETF by 0.6% during the 4th quarter. Financial Partners Group Inc now owns 144,916 shares of the company’s stock valued at $5,856,000 after purchasing an additional 819 shares during the period. Princeton Global Asset Management LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 8.6% in the fourth quarter. Princeton Global Asset Management LLC now owns 38,845 shares of the company’s stock valued at $1,570,000 after purchasing an additional 3,076 shares during the period. Riggs Asset Managment Co. Inc. raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.6% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 430,064 shares of the company’s stock valued at $17,383,000 after buying an additional 6,864 shares during the last quarter. Finally, Spire Wealth Management boosted its position in shares of Global X U.S. Infrastructure Development ETF by 5,242.6% during the fourth quarter. Spire Wealth Management now owns 26,232 shares of the company’s stock worth $1,060,000 after buying an additional 25,741 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE stock opened at $41.74 on Wednesday. The firm has a market capitalization of $7.99 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The stock has a fifty day moving average of $42.55 and a two-hundred day moving average of $41.16.

Global X U.S. Infrastructure Development ETF Announces Dividend

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