Janney Montgomery Scott LLC Grows Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Janney Montgomery Scott LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 193,541 shares of the company’s stock after purchasing an additional 3,410 shares during the quarter. Janney Montgomery Scott LLC owned about 0.10% of Global X U.S. Infrastructure Development ETF worth $7,821,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 102.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,095 shares of the company’s stock worth $44,000 after purchasing an additional 553 shares in the last quarter. Magnus Financial Group LLC raised its stake in Global X U.S. Infrastructure Development ETF by 31.7% during the fourth quarter. Magnus Financial Group LLC now owns 27,767 shares of the company’s stock valued at $1,122,000 after buying an additional 6,688 shares during the last quarter. Beaumont Financial Advisors LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 24.3% in the fourth quarter. Beaumont Financial Advisors LLC now owns 20,802 shares of the company’s stock worth $841,000 after acquiring an additional 4,069 shares in the last quarter. Koshinski Asset Management Inc. grew its stake in shares of Global X U.S. Infrastructure Development ETF by 3.3% in the fourth quarter. Koshinski Asset Management Inc. now owns 32,335 shares of the company’s stock worth $1,307,000 after acquiring an additional 1,039 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 17.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 29,423 shares of the company’s stock valued at $1,189,000 after acquiring an additional 4,346 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE opened at $42.02 on Wednesday. The firm has a market cap of $8.05 billion, a PE ratio of 20.28 and a beta of 1.13. The stock has a 50-day moving average price of $42.82 and a 200-day moving average price of $41.05. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a $0.1394 dividend. 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.