Montag A & Associates Inc. Acquires 262 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Montag A & Associates Inc. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 118,160 shares of the company’s stock after purchasing an additional 262 shares during the quarter. Montag A & Associates Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,791,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in PAVE. EP Wealth Advisors LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $31,003,000. Axxcess Wealth Management LLC raised its stake in Global X U.S. Infrastructure Development ETF by 1,243.3% during the third quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock worth $27,909,000 after acquiring an additional 627,585 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of 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 period. First Interstate Bank boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after purchasing an additional 357,771 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 64.3% in the 3rd quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock valued at $32,148,000 after purchasing an additional 305,548 shares in the last quarter.

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

Shares of Global X U.S. Infrastructure Development ETF stock opened at $41.92 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 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 Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a dividend of $0.1394 per share. The ex-dividend date 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.