Proficio Capital Partners LLC Invests $771,000 in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Proficio Capital Partners LLC purchased a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 19,074 shares of the company’s stock, valued at approximately $771,000.

A number of other institutional investors have also recently bought and sold shares of PAVE. Wealth Enhancement Advisory Services LLC boosted its position in Global X U.S. Infrastructure Development ETF by 7.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock valued at $2,085,000 after purchasing an additional 3,593 shares during the last quarter. Ameliora Wealth Management Ltd. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $162,000. Fisher Asset Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $295,000. JPMorgan Chase & Co. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after buying an additional 64,843 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 1.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 193,541 shares of the company’s stock valued at $7,821,000 after buying an additional 3,410 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 7.7 %

Global X U.S. Infrastructure Development ETF stock opened at $38.25 on Friday. Global X U.S. Infrastructure Development ETF has a 1-year low of $35.72 and a 1-year high of $46.18. The firm’s fifty day simple moving average is $40.80 and its 200-day simple moving average is $41.55. The company has a market capitalization of $7.86 billion, a P/E ratio of 21.38 and a beta of 1.27.

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 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.