Aveo Capital Partners LLC Invests $237,000 in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Aveo Capital Partners LLC purchased a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 5,868 shares of the company’s stock, valued at approximately $237,000.

A number of other institutional investors also recently made changes to their positions in the stock. Bank of Montreal Can grew its position in shares of Global X U.S. Infrastructure Development ETF by 3.0% in the third quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after purchasing an additional 586,418 shares during the period. Commonwealth Equity Services LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 19.9% in the third quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after purchasing an additional 229,948 shares during the period. First Interstate Bank grew its position in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after purchasing an additional 357,771 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Global X U.S. Infrastructure Development ETF by 3.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock valued at $44,735,000 after purchasing an additional 32,939 shares during the period. Finally, Moss Adams Wealth Advisors LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1.0% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock valued at $39,536,000 after purchasing an additional 10,056 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.1 %

Shares of BATS:PAVE opened at $41.92 on Monday. The company has a market cap of $8.03 billion, a P/E 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 business has a fifty day simple moving average of $41.91 and a 200-day simple moving average of $41.34.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared 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 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.