1,880 Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE) Acquired by BankPlus Trust Department

BankPlus Trust Department acquired a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,880 shares of the company’s stock, valued at approximately $76,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Creative Planning raised its position in Global X U.S. Infrastructure Development ETF by 3.4% in the third quarter. Creative Planning now owns 42,709 shares of the company’s stock valued at $1,758,000 after purchasing an additional 1,402 shares during the period. Arkadios Wealth Advisors raised its position in Global X U.S. Infrastructure Development ETF by 31.4% in the third quarter. Arkadios Wealth Advisors now owns 20,136 shares of the company’s stock valued at $829,000 after purchasing an additional 4,815 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in Global X U.S. Infrastructure Development ETF by 15.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 47,068 shares of the company’s stock valued at $1,937,000 after purchasing an additional 6,358 shares during the period. Valmark Advisers Inc. raised its position in Global X U.S. Infrastructure Development ETF by 5.1% in the third quarter. Valmark Advisers Inc. now owns 10,705 shares of the company’s stock valued at $441,000 after purchasing an additional 518 shares during the period. Finally, Eagle Strategies LLC raised its position in Global X U.S. Infrastructure Development ETF by 24.4% in the third quarter. Eagle Strategies LLC now owns 327,572 shares of the company’s stock valued at $13,483,000 after purchasing an additional 64,210 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 3.4 %

BATS:PAVE opened at $40.03 on Tuesday. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The company has a market capitalization of $8.39 billion, a P/E ratio of 23.20 and a beta of 1.25. The stock’s fifty day moving average is $41.64 and its two-hundred day moving average is $41.52.

Global X U.S. Infrastructure Development ETF Announces Dividend

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