Sofi Wealth LLC Purchases Shares of 683 Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Sofi Wealth LLC purchased 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 Form 13F filing with the SEC. The firm purchased 683 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PAVE. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 7.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock valued at $2,085,000 after buying an additional 3,593 shares during the last quarter. Ameliora Wealth Management Ltd. acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $162,000. Fisher Asset Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $295,000. JPMorgan Chase & Co. grew its position in shares of Global X U.S. Infrastructure Development ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after purchasing an additional 64,843 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 193,541 shares of the company’s stock valued at $7,821,000 after purchasing an additional 3,410 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $40.03 on Tuesday. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25. The company’s 50 day simple moving average is $41.64 and its 200 day simple moving average is $41.52. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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

About Global X U.S. Infrastructure Development ETF

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.