Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Purchased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 12.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 20,747 shares of the company’s stock after acquiring an additional 2,292 shares during the period. Citizens Financial Group Inc. RI’s holdings in Global X U.S. Infrastructure Development ETF were worth $838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in PAVE. MassMutual Private Wealth & Trust FSB bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $28,000. Hanson & Doremus Investment Management bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $28,000. Sofi Wealth LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $28,000. Key Financial Inc lifted its stake in Global X U.S. Infrastructure Development ETF by 613.2% in the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares during the last quarter. Finally, Trivant Custom Portfolio Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $32,000.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE stock opened at $37.98 on Thursday. The stock has a market capitalization of $7.96 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The stock’s fifty day moving average is $41.10 and its two-hundred day moving average is $41.57.

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 paid 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.