CX Institutional Buys 8,782 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

CX Institutional increased its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 126,363 shares of the company’s stock after acquiring an additional 8,782 shares during the period. CX Institutional owned approximately 0.07% of Global X U.S. Infrastructure Development ETF worth $5,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB purchased a new stake 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 Global X U.S. Infrastructure Development ETF in the fourth quarter worth $32,000. First PREMIER Bank bought a new position in Global X U.S. Infrastructure Development ETF in the third quarter valued at $39,000. Howe & Rusling Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the third quarter valued at about $39,000. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 102.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 1,095 shares of the company’s stock worth $44,000 after purchasing an additional 553 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 5.3 %

Shares of BATS:PAVE opened at $43.66 on Friday. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The stock’s 50-day moving average price is $42.87 and its 200-day moving average price is $40.89. The stock has a market capitalization of $8.36 billion, a P/E ratio of 20.28 and a beta of 1.13.

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 paid 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.