Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by PFG Advisors

PFG Advisors lifted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 11.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 71,027 shares of the company’s stock after buying an additional 7,109 shares during the period. PFG Advisors’ holdings in Global X U.S. Infrastructure Development ETF were worth $2,870,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in PAVE. Raymond James Financial Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $84,168,000. Clal Insurance Enterprises Holdings Ltd lifted its position in Global X U.S. Infrastructure Development ETF by 24.6% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 7,418,750 shares of the company’s stock valued at $300,890,000 after purchasing an additional 1,464,000 shares during the period. Principal Financial Group Inc. lifted its position in Global X U.S. Infrastructure Development ETF by 40.0% in the fourth quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock valued at $140,619,000 after purchasing an additional 994,800 shares during the period. EP Wealth Advisors LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the third quarter valued at about $31,003,000. Finally, Bank of Montreal Can lifted its position in Global X U.S. Infrastructure Development ETF by 3.0% in the third quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after purchasing an additional 586,418 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 8.4 %

Shares of BATS:PAVE opened at $37.98 on Thursday. The company has a market cap of $7.96 billion, a P/E 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. The company has a 50-day moving average price of $41.10 and a 200 day moving average price of $41.57.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given 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.