Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Acquired by MGB Wealth Management LLC

Posted by Scott Davis on Feb 13th, 2025

MGB Wealth Management LLC boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,302 shares of the company’s stock after acquiring an additional 1,874 shares during the period. MGB Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,831,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in PAVE. MassMutual Private Wealth & Trust FSB purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $28,000. Hanson & Doremus Investment Management purchased a new position 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 Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $32,000. Synergy Asset Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $38,000. Finally, Howe & Rusling Inc. acquired a new position in Global X U.S. Infrastructure Development ETF during the third quarter worth $39,000.

Global X U.S. Infrastructure Development ETF Trading Up 0.2 %

Shares of BATS PAVE opened at $41.54 on Thursday. The stock has a market capitalization of $7.96 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The stock has a fifty day simple moving average of $42.11 and a 200-day simple moving average of $41.30.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company 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 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.