Global X U.S. Infrastructure Development ETF (BATS:PAVE) Hits New 1-Year High – What’s Next?

Posted by Emily Schoerning on Mar 17th, 2025

Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $42.50 and last traded at $38.19, with a volume of 4220023 shares changing hands. The stock had previously closed at $41.45.

Global X U.S. Infrastructure Development ETF Price Performance

The company has a market cap of $7.92 billion, a P/E ratio of 21.38 and a beta of 1.27. The stock has a fifty day moving average price of $41.00 and a two-hundred day moving average price of $41.58.

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 was Monday, December 30th.

Hedge Funds Weigh In On Global X U.S. Infrastructure Development ETF

Several hedge funds have recently made changes to their positions in the stock. Kilter Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $209,000. Comprehensive Money Management Services LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $1,346,000. Park Square Financial Group LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $110,000. Great Valley Advisor Group Inc. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 6.9% in the 4th quarter. Great Valley Advisor Group Inc. now owns 505,165 shares of the company’s stock worth $20,413,000 after purchasing an additional 32,790 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $199,000.

About Global X U.S. Infrastructure Development ETF

(Get Free Report)

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.