Potentia Wealth Takes $4.30 Million Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Potentia Wealth purchased a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 106,371 shares of the company’s stock, valued at approximately $4,298,000. Global X U.S. Infrastructure Development ETF accounts for 1.9% of Potentia Wealth’s holdings, making the stock its 12th largest position. Potentia Wealth owned approximately 0.06% of Global X U.S. Infrastructure Development ETF as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in PAVE. Crowley Wealth Management Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $28,000. LPL Financial LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 21.3% in the 4th quarter. LPL Financial LLC now owns 6,776,463 shares of the company’s stock valued at $273,837,000 after buying an additional 1,191,666 shares during the last quarter. Runnymede Capital Advisors Inc. bought a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $48,000. Pecaut & CO. lifted its position in Global X U.S. Infrastructure Development ETF by 4.9% during the fourth quarter. Pecaut & CO. now owns 194,141 shares of the company’s stock worth $7,845,000 after acquiring an additional 9,138 shares during the last quarter. Finally, Holderness Investments Co. increased its position in Global X U.S. Infrastructure Development ETF by 8.1% during the 4th quarter. Holderness Investments Co. now owns 8,315 shares of the company’s stock worth $336,000 after buying an additional 622 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Down 5.1 %

Shares of BATS:PAVE opened at $39.34 on Tuesday. The firm has a 50 day moving average of $40.78 and a 200-day moving average of $41.59. Global X U.S. Infrastructure Development ETF has a 12 month low of $35.72 and a 12 month high of $46.18. The stock has a market capitalization of $8.09 billion, a PE ratio of 21.38 and a beta of 1.27.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently announced 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.

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.