Harbour Investments Inc. Grows Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Harbour Investments Inc. raised its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 15.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 125,434 shares of the company’s stock after acquiring an additional 16,560 shares during the period. Harbour Investments Inc. owned approximately 0.07% of Global X U.S. Infrastructure Development ETF worth $5,069,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of PAVE. Avior Wealth Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.9% during the third quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock worth $282,000 after purchasing an additional 254 shares during the period. Cascade Financial Partners LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 0.9% in the 4th quarter. Cascade Financial Partners LLC now owns 29,815 shares of the company’s stock worth $1,205,000 after buying an additional 262 shares during the period. Fisher Asset Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 3.9% in the 4th quarter. Fisher Asset Management LLC now owns 7,447 shares of the company’s stock worth $301,000 after buying an additional 282 shares during the last quarter. Crewe Advisors LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 17.4% in the 4th quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock worth $80,000 after buying an additional 293 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 1.5% during the fourth quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock valued at $1,048,000 after buying an additional 380 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 7.4 %

BATS:PAVE opened at $38.38 on Monday. The firm’s fifty day simple moving average is $41.00 and its 200 day simple moving average is $41.58. The stock 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 twelve month low of $13.80 and a twelve month high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business 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.

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.