New Millennium Group LLC Acquires 117,173 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

New Millennium Group LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7,744.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 118,686 shares of the company’s stock after purchasing an additional 117,173 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for about 2.8% of New Millennium Group LLC’s portfolio, making the stock its 11th largest position. New Millennium Group LLC owned about 0.06% of Global X U.S. Infrastructure Development ETF worth $4,796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bank of Montreal Can increased its position in Global X U.S. Infrastructure Development ETF by 3.0% during the third quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after acquiring an additional 586,418 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Global X U.S. Infrastructure Development ETF by 19.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock worth $57,086,000 after purchasing an additional 229,948 shares during the period. First Interstate Bank boosted its position in shares of Global X U.S. Infrastructure Development ETF by 47.6% during the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after buying an additional 357,771 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 30.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,073,601 shares of the company’s stock valued at $44,007,000 after buying an additional 247,941 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC raised its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.0% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock worth $39,536,000 after buying an additional 10,056 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 2.1 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $42.31 on Friday. The company has a market capitalization of $8.10 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The stock’s fifty day moving average is $42.70 and its two-hundred day moving average is $41.09.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Investors 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.