Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 10.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 657,342 shares of the company’s stock after acquiring an additional 64,843 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.34% of Global X U.S. Infrastructure Development ETF worth $27,056,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PAVE. First PREMIER Bank purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth $39,000. Howe & Rusling Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF in the third quarter valued at $39,000. Clear Point Advisors Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth about $40,000. Assetmark Inc. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 401.5% during the 3rd quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock worth $56,000 after acquiring an additional 1,088 shares in the last quarter. Finally, Main Management LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $59,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS PAVE opened at $40.53 on Wednesday. The stock’s 50-day simple moving average is $43.23 and its 200-day simple moving average is $40.54. The firm has a market capitalization of $7.76 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80.

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 issued a dividend of $0.1394 per share. 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.