Trivant Custom Portfolio Group LLC Makes New $32,000 Investment in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Trivant Custom Portfolio Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 801 shares of the company’s stock, valued at approximately $32,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PAVE. First PREMIER Bank acquired a new position in Global X U.S. Infrastructure Development ETF during the third quarter valued at approximately $39,000. Howe & Rusling Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth $39,000. Clear Point Advisors Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth $40,000. Assetmark Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 401.5% during the 3rd quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock worth $56,000 after buying an additional 1,088 shares during the last quarter. Finally, Main Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the third quarter valued at about $59,000.

Global X U.S. Infrastructure Development ETF Trading Up 3.5 %

Shares of BATS PAVE opened at $42.90 on Friday. The company has a market cap of $8.22 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. 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 has a 50-day moving average price of $42.96 and a two-hundred day moving average price of $40.72.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given 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 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.