Concurrent Investment Advisors LLC Raises Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Concurrent Investment Advisors LLC grew its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 47.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,224 shares of the company’s stock after purchasing an additional 6,492 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $817,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. WealthBridge Capital Management LLC increased its stake in Global X U.S. Infrastructure Development ETF by 22.1% in the 4th quarter. WealthBridge Capital Management LLC now owns 54,914 shares of the company’s stock valued at $2,219,000 after buying an additional 9,956 shares during the last quarter. WealthCare Investment Partners LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.8% in the fourth quarter. WealthCare Investment Partners LLC now owns 58,844 shares of the company’s stock valued at $2,368,000 after acquiring an additional 5,717 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 24.7% during the fourth quarter. Private Advisor Group LLC now owns 315,428 shares of the company’s stock valued at $12,747,000 after acquiring an additional 62,509 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 101.0% during the fourth quarter. Global Retirement Partners LLC now owns 6,280 shares of the company’s stock worth $254,000 after acquiring an additional 3,156 shares during the period. Finally, Key Financial Inc boosted its position in Global X U.S. Infrastructure Development ETF by 613.2% in the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock worth $31,000 after purchasing an additional 650 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $40.44 on Monday. The firm has a market cap of $7.74 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 price of $41.70 and a 200-day moving average price of $41.50.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently disclosed 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.