Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 434.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 178,979 shares of the company’s stock after acquiring an additional 145,467 shares during the quarter. Ocean Park Asset Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $7,233,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of PAVE. Bank of Montreal Can boosted its position in shares of Global X U.S. Infrastructure Development ETF by 3.0% during the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after acquiring an additional 586,418 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 19.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after purchasing an additional 229,948 shares during the last quarter. First Interstate Bank grew its stake in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after buying an additional 357,771 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 3.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock valued at $44,735,000 after buying an additional 32,939 shares during the period. Finally, Moss Adams Wealth Advisors LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.0% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock worth $39,536,000 after buying an additional 10,056 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $42.11 on Tuesday. The stock has a 50 day moving average of $42.24 and a 200 day moving average of $41.25. The firm has a market capitalization of $8.06 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a $0.1394 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Global X U.S. Infrastructure Development ETF 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.