Moss Adams Wealth Advisors LLC Buys 10,056 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Moss Adams Wealth Advisors LLC boosted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 975,698 shares of the company’s stock after buying an additional 10,056 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up about 4.2% of Moss Adams Wealth Advisors LLC’s holdings, making the stock its 8th biggest position. Moss Adams Wealth Advisors LLC owned approximately 0.51% of Global X U.S. Infrastructure Development ETF worth $39,536,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of PAVE. Ameritas Advisory Services LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.8% during the 4th quarter. Ameritas Advisory Services LLC now owns 419,810 shares of the company’s stock valued at $16,965,000 after buying an additional 15,282 shares during the last quarter. Premier Path Wealth Partners LLC raised its position in Global X U.S. Infrastructure Development ETF by 5.6% during the fourth quarter. Premier Path Wealth Partners LLC now owns 10,981 shares of the company’s stock valued at $444,000 after acquiring an additional 584 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Global X U.S. Infrastructure Development ETF by 26.6% in the fourth quarter. Arkadios Wealth Advisors now owns 25,498 shares of the company’s stock valued at $1,030,000 after acquiring an additional 5,362 shares during the last quarter. Trivant Custom Portfolio Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $32,000. Finally, Merit Financial Group LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 239.2% during the 4th quarter. Merit Financial Group LLC now owns 202,775 shares of the company’s stock worth $8,194,000 after purchasing an additional 142,997 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 3.5 %

Global X U.S. Infrastructure Development ETF stock opened at $42.90 on Friday. The company has a market capitalization of $8.22 billion, a P/E ratio of 20.28 and a beta of 1.13. 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 fifty day simple moving average is $42.96 and its 200-day simple moving average is $40.75.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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