Wealthcare Capital Partners LLC Buys New Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Wealthcare Capital Partners LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 22,987 shares of the company’s stock, valued at approximately $929,000.

A number of other large investors also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth $28,000. Hanson & Doremus Investment Management acquired a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $28,000. 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. Synergy Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $38,000. Finally, Howe & Rusling Inc. acquired a new position in Global X U.S. Infrastructure Development ETF during the third quarter worth approximately $39,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $42.11 on Tuesday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The firm’s fifty day moving average is $42.24 and its two-hundred day moving average is $41.25. The firm has a market cap of $8.06 billion, a PE ratio of 20.28 and a beta of 1.13.

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 of this dividend was Monday, December 30th.

Global X U.S. Infrastructure Development ETF 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.