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

Assetmark Inc. grew its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 34.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,833 shares of the company’s stock after purchasing an additional 474 shares during the period. Assetmark Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $74,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of PAVE. Apollon Wealth Management LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 82.7% during the 3rd quarter. Apollon Wealth Management LLC now owns 19,292 shares of the company’s stock worth $794,000 after purchasing an additional 8,735 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 13.9% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 9,093 shares of the company’s stock worth $374,000 after purchasing an additional 1,108 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 3.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 98,611 shares of the company’s stock worth $4,059,000 after purchasing an additional 3,492 shares during the last quarter. Caprock Group LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 42.9% during the 3rd quarter. Caprock Group LLC now owns 16,715 shares of the company’s stock worth $688,000 after purchasing an additional 5,022 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 367.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 47,518 shares of the company’s stock worth $1,956,000 after purchasing an additional 37,344 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE stock opened at $38.38 on Friday. The firm has a market cap of $7.89 billion, a P/E ratio of 21.38 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The firm’s 50-day simple moving average is $41.00 and its 200-day simple moving average is $41.54.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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