Wealthcare Advisory Partners LLC Raises Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Wealthcare Advisory Partners LLC boosted its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 9.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,564 shares of the company’s stock after acquiring an additional 10,382 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,751,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. First PREMIER Bank acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth $39,000. Howe & Rusling Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth $39,000. Clear Point Advisors Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth $40,000. Assetmark Inc. increased its holdings in Global X U.S. Infrastructure Development ETF by 401.5% in the 3rd quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock valued at $56,000 after purchasing an additional 1,088 shares in the last quarter. Finally, Main Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the third quarter valued at about $59,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $42.77 on Friday. 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 market cap of $8.19 billion, a PE ratio of 20.28 and a beta of 1.13. The stock’s 50-day moving average is $43.06 and its two-hundred day moving average is $40.66.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently declared 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 was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Company 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.