Proficio Capital Partners LLC Takes Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Proficio Capital Partners LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,074 shares of the company’s stock, valued at approximately $771,000.

Several other institutional investors have also recently made changes to their positions in PAVE. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $28,000. Hanson & Doremus Investment Management acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $28,000. Sofi Wealth LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $28,000. Key Financial Inc increased its stake in Global X U.S. Infrastructure Development ETF by 613.2% in the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares during the last quarter. Finally, Trivant Custom Portfolio Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $32,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $38.87 on Friday. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25. 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 has a 50-day moving average price of $41.26 and a two-hundred day moving average price of $41.59.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders 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 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.