MFA Wealth Advisors LLC Raises Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

MFA Wealth Advisors LLC boosted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 320,127 shares of the company’s stock after buying an additional 19,018 shares during the period. Global X U.S. Infrastructure Development ETF accounts for 3.3% of MFA Wealth Advisors LLC’s portfolio, making the stock its 9th biggest holding. MFA Wealth Advisors LLC owned about 0.17% of Global X U.S. Infrastructure Development ETF worth $12,936,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Brookstone Capital Management lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.6% in the third quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock valued at $1,098,000 after buying an additional 416 shares during the period. Mechanics Bank Trust Department raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 56.7% in the 3rd quarter. Mechanics Bank Trust Department now owns 16,575 shares of the company’s stock worth $682,000 after purchasing an additional 6,000 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its stake in Global X U.S. Infrastructure Development ETF by 156.7% during the third quarter. Concourse Financial Group Securities Inc. now owns 9,518 shares of the company’s stock valued at $392,000 after purchasing an additional 5,810 shares during the last quarter. Koshinski Asset Management Inc. grew its position in Global X U.S. Infrastructure Development ETF by 16.0% in the third quarter. Koshinski Asset Management Inc. now owns 31,296 shares of the company’s stock worth $1,288,000 after buying an additional 4,306 shares during the last quarter. Finally, Willner & Heller LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.4% in the third quarter. Willner & Heller LLC now owns 16,205 shares of the company’s stock valued at $667,000 after buying an additional 533 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS:PAVE opened at $41.68 on Monday. The company has a market capitalization of $7.98 billion, a PE ratio of 20.28 and a beta of 1.13. The stock has a fifty day moving average of $42.24 and a 200-day moving average of $41.23. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.1394 dividend. The ex-dividend date 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.