Raymond James Financial Inc. Acquires Shares of 2,082,844 Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Raymond James Financial Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 2,082,844 shares of the company’s stock, valued at approximately $84,168,000. Raymond James Financial Inc. owned 1.09% of Global X U.S. Infrastructure Development ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PAVE. Concurrent Investment Advisors LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 9.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 13,732 shares of the company’s stock valued at $565,000 after purchasing an additional 1,171 shares during the period. Assetmark Inc. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 401.5% during the 3rd quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock worth $56,000 after acquiring an additional 1,088 shares during the period. Avid Wealth Partners LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 12.4% during the 3rd quarter. Avid Wealth Partners LLC now owns 59,697 shares of the company’s stock worth $2,457,000 after acquiring an additional 6,568 shares during the period. Sigma Planning Corp lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 9.3% during the 3rd quarter. Sigma Planning Corp now owns 29,585 shares of the company’s stock worth $1,218,000 after acquiring an additional 2,527 shares during the period. Finally, Axxcess Wealth Management LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% during 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.

Global X U.S. Infrastructure Development ETF Trading Down 6.2 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $38.87 on Monday. The company has a 50 day moving average of $41.26 and a 200-day moving average of $41.61. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The company has a market cap of $8.15 billion, a PE ratio of 23.20 and a beta of 1.25.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued 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.