Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Posted by Paula Ricardo on Feb 5th, 2025

Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,106,540 shares of the company’s stock after buying an additional 32,939 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.58% of Global X U.S. Infrastructure Development ETF worth $44,735,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Hanson & Doremus Investment Management acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Trivant Custom Portfolio Group LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $32,000. Synergy Asset Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $38,000. Finally, First PREMIER Bank acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $39,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $41.74 on Wednesday. The stock has a market capitalization 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 has a 12 month low of $13.80 and a 12 month high of $17.80. The firm’s 50 day simple moving average is $42.55 and its 200-day simple moving average is $41.16.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a dividend of $0.1394 per share. The ex-dividend date was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Profile

(Free Report)

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.