Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Bought by Pecaut & CO.

Posted by Jon Anderson on Mar 21st, 2025

Pecaut & CO. raised its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 194,141 shares of the company’s stock after purchasing an additional 9,138 shares during the period. Global X U.S. Infrastructure Development ETF accounts for 2.7% of Pecaut & CO.’s investment portfolio, making the stock its 11th largest holding. Pecaut & CO. owned approximately 0.10% of Global X U.S. Infrastructure Development ETF worth $7,845,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sofi Wealth LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $28,000. MassMutual Private Wealth & Trust FSB acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $28,000. Hanson & Doremus Investment Management purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Key Financial Inc boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 613.2% in the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $32,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $38.71 on Friday. The firm has a fifty day moving average price of $40.84 and a 200 day moving average price of $41.53. The stock has a market cap of $7.96 billion, a PE ratio of 21.38 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a 1-year low of $35.72 and a 1-year high of $46.18.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Profile

(Free Report)

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.