Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Spire Wealth Management

Spire Wealth Management grew its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5,242.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,232 shares of the company’s stock after purchasing an additional 25,741 shares during the quarter. Spire Wealth Management’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,060,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Avior Wealth Management LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 3.9% in the third quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after purchasing an additional 254 shares during the period. Richardson Capital Management LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 8.3% in the third quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock valued at $176,000 after purchasing an additional 326 shares during the period. Diversify Advisory Services LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 1.5% in the fourth quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock valued at $1,048,000 after purchasing an additional 380 shares during the period. Dynamic Advisor Solutions LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 5.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 7,582 shares of the company’s stock valued at $306,000 after purchasing an additional 403 shares during the period. Finally, Brookstone Capital Management boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 1.6% in the third quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock valued at $1,098,000 after purchasing an additional 416 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $41.74 on Wednesday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The firm has a 50 day simple moving average of $42.55 and a 200-day simple moving average of $41.16. The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid 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.