Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV lifted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.6% during the fourth quarter, Holdings Channel reports. The fund owned 63,682 shares of the company’s stock after purchasing an additional 2,238 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,573,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. EP Wealth Advisors LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter worth about $31,003,000. Axxcess Wealth Management LLC boosted its stake 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 buying an additional 627,585 shares during the last quarter. Bank of Montreal Can boosted its stake 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 buying an additional 586,418 shares during the last quarter. First Interstate Bank boosted its stake 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 buying an additional 357,771 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in Global X U.S. Infrastructure Development ETF by 64.3% in the 3rd quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock worth $32,148,000 after buying an additional 305,548 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.1 %

Shares of BATS:PAVE opened at $41.92 on Friday. The stock’s 50-day moving average price is $41.91 and its two-hundred day moving average price is $41.32. The firm has a market cap of $8.03 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

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 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.