Sofi Wealth LLC Takes $28,000 Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Sofi Wealth LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the fourth quarter, HoldingsChannel.com reports. The fund bought 683 shares of the company’s stock, valued at approximately $28,000.

Other hedge funds have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB acquired a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth $28,000. Hanson & Doremus Investment Management bought a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $28,000. Key Financial Inc lifted its position in 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 purchasing an additional 650 shares during the last quarter. Trivant Custom Portfolio Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $32,000. Finally, Synergy Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $38,000.

Global X U.S. Infrastructure Development ETF Trading Down 3.4 %

PAVE stock opened at $40.03 on Tuesday. The firm’s 50-day moving average is $41.64 and its two-hundred day moving average is $41.52. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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