Sierra Capital LLC Purchases Shares of 16,305 Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Sierra Capital LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 16,305 shares of the company’s stock, valued at approximately $659,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BankPlus Trust Department bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $76,000. IFP Advisors Inc grew its holdings in Global X U.S. Infrastructure Development ETF by 6.0% in the 4th quarter. IFP Advisors Inc now owns 30,496 shares of the company’s stock valued at $1,232,000 after buying an additional 1,736 shares in the last quarter. Capital Advisors Ltd. LLC increased its position in Global X U.S. Infrastructure Development ETF by 3.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 35,883 shares of the company’s stock worth $1,450,000 after buying an additional 1,232 shares during the period. BCGM Wealth Management LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 9.7% during the fourth quarter. BCGM Wealth Management LLC now owns 18,205 shares of the company’s stock worth $736,000 after buying an additional 1,617 shares in the last quarter. Finally, Allodium Investment Consultants LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $886,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $40.03 on Tuesday. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The firm’s 50-day simple moving average is $41.64 and its 200 day simple moving average is $41.52. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25.

Global X U.S. Infrastructure Development ETF Announces Dividend

The firm also recently announced 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 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.