Jones Financial Companies Lllp Grows Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Jones Financial Companies Lllp grew its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 90.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 61,230 shares of the company’s stock after purchasing an additional 29,112 shares during the period. Jones Financial Companies Lllp’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,474,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Janney Montgomery Scott LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 124.9% in the third quarter. Janney Montgomery Scott LLC now owns 190,131 shares of the company’s stock valued at $7,826,000 after purchasing an additional 105,586 shares during the period. Beacon Financial Advisory LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 19.6% in the third quarter. Beacon Financial Advisory LLC now owns 32,904 shares of the company’s stock valued at $1,354,000 after purchasing an additional 5,383 shares during the period. Avidian Wealth Enterprises LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 25.0% in the third quarter. Avidian Wealth Enterprises LLC now owns 18,426 shares of the company’s stock valued at $758,000 after purchasing an additional 3,689 shares during the period. Concurrent Investment Advisors LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 9.3% in the third 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. Finally, Advisor Resource Council lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 16.0% in the third quarter. Advisor Resource Council now owns 24,848 shares of the company’s stock valued at $1,023,000 after purchasing an additional 3,433 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 5.6 %

Shares of BATS PAVE opened at $39.14 on Thursday. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The firm has a 50-day moving average price of $41.37 and a 200 day moving average price of $41.58. The stock has a market capitalization of $8.21 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25.

Global X U.S. Infrastructure Development ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders 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.