Global X U.S. Infrastructure Development ETF (BATS:PAVE) Stock Holdings Boosted by Ellis Investment Partners LLC

Ellis Investment Partners LLC increased its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,995 shares of the company’s stock after purchasing an additional 1,621 shares during the quarter. Ellis Investment Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,010,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 7.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock worth $2,085,000 after purchasing an additional 3,593 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock worth $812,000 after purchasing an additional 422 shares during the period. Ameliora Wealth Management Ltd. acquired a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter worth about $162,000. Fisher Asset Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the third quarter worth about $295,000. Finally, JPMorgan Chase & Co. lifted its holdings in Global X U.S. Infrastructure Development ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock worth $27,056,000 after purchasing an additional 64,843 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.1 %

PAVE stock opened at $41.92 on Friday. The company has a market capitalization of $8.03 billion, a P/E ratio of 20.28 and a beta of 1.13. The company has a 50-day simple moving average of $41.91 and a 200 day simple moving average of $41.32. 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 Announces Dividend

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