MONECO Advisors LLC Boosts Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

MONECO Advisors LLC increased its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 93.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,518 shares of the company’s stock after acquiring an additional 13,321 shares during the period. MONECO Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,112,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PAVE. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $28,000. Hanson & Doremus Investment Management bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter worth $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 worth $31,000 after purchasing an additional 650 shares during the last quarter. Trivant Custom Portfolio Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at about $32,000. Finally, Synergy Asset Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at about $38,000.

Global X U.S. Infrastructure Development ETF Trading Down 2.4 %

BATS PAVE opened at $40.44 on Monday. The firm has a market cap of $7.74 billion, a PE ratio of 20.28 and a beta of 1.13. 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 has a 50-day moving average of $41.70 and a 200-day moving average of $41.50.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

About Global X U.S. Infrastructure Development ETF

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.