Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Purchased by WT Wealth Management

WT Wealth Management grew its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.9% in the fourth quarter, HoldingsChannel reports. The fund owned 58,985 shares of the company’s stock after buying an additional 2,222 shares during the quarter. WT Wealth Management’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,384,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 40.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock worth $140,619,000 after acquiring an additional 994,800 shares during the period. EP Wealth Advisors LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $31,003,000. Axxcess Wealth Management LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 1,243.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock worth $27,909,000 after acquiring an additional 627,585 shares during the period. Bank of Montreal Can boosted its holdings in Global X U.S. Infrastructure Development ETF by 3.0% in the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock worth $822,978,000 after acquiring an additional 586,418 shares during the period. Finally, First Interstate Bank boosted its holdings in Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after acquiring an additional 357,771 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 3.1 %

BATS PAVE opened at $40.15 on Thursday. The stock has a market cap of $8.42 billion, a PE ratio of 23.20 and a beta of 1.25. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The business has a 50 day moving average price of $41.55 and a two-hundred day moving average price of $41.53.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Investors 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 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.