Kestra Investment Management LLC Buys New Shares in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Kestra Investment Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,003 shares of the company’s stock, valued at approximately $41,000.

Other institutional investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $28,000. Hanson & Doremus Investment Management acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $28,000. Trivant Custom Portfolio Group LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $32,000. Synergy Asset Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $38,000. Finally, Howe & Rusling Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF during the third quarter worth about $39,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS:PAVE opened at $40.44 on Friday. The firm has a market capitalization of $7.74 billion, a PE ratio of 20.28 and a beta of 1.13. The business has a 50-day moving average of $41.70 and a two-hundred day moving average of $41.44. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.1394 per share. 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.