Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Bought by Chicago Wealth Management Inc.

Chicago Wealth Management Inc. boosted its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 222,627 shares of the company’s stock after purchasing an additional 11,294 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises approximately 4.7% of Chicago Wealth Management Inc.’s investment portfolio, making the stock its 12th biggest holding. Chicago Wealth Management Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $8,996,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PAVE. MassMutual Private Wealth & Trust FSB bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter worth $28,000. Hanson & Doremus Investment Management bought a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $28,000. Sofi Wealth LLC bought a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at about $28,000. Key Financial Inc lifted its position in Global X U.S. Infrastructure Development ETF by 613.2% during the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after purchasing an additional 650 shares during the period. Finally, Trivant Custom Portfolio Group LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $32,000.

Global X U.S. Infrastructure Development ETF Trading Down 8.6 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $37.87 on Wednesday. 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’s fifty day simple moving average is $41.15 and its 200 day simple moving average is $41.60. The company has a market capitalization of $7.94 billion, a PE ratio of 23.20 and a beta of 1.25.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given 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.