Flagship Wealth Advisors LLC Takes $103,000 Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Flagship Wealth Advisors LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, Holdings Channel.com reports. The firm purchased 2,545 shares of the company’s stock, valued at approximately $103,000.

A number of other hedge funds have also recently made changes to their positions in PAVE. MassMutual Private Wealth & Trust FSB purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth $28,000. Hanson & Doremus Investment Management purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth $28,000. Sofi Wealth LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth $28,000. Key Financial Inc grew its position in Global X U.S. Infrastructure Development ETF by 613.2% in the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock worth $31,000 after acquiring an additional 650 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter worth $32,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS:PAVE opened at $38.72 on Tuesday. Global X U.S. Infrastructure Development ETF has a 52-week low of $35.72 and a 52-week high of $46.18. The firm has a fifty day moving average of $40.96 and a 200 day moving average of $41.58. The firm has a market capitalization of $7.96 billion, a PE ratio of 21.38 and a beta of 1.27.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a $0.1394 dividend. 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.