Flaharty Asset Management LLC Invests $234,000 in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Flaharty Asset Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,785 shares of the company’s stock, valued at approximately $234,000.

Other large investors have also recently made changes to their positions in the company. Sofi Wealth LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $28,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $28,000. Hanson & Doremus Investment Management bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $28,000. Key Financial Inc grew its stake in shares of 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 during the period. Finally, Trivant Custom Portfolio Group LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth approximately $32,000.

Global X U.S. Infrastructure Development ETF Trading Down 3.0 %

Shares of BATS PAVE opened at $40.20 on Friday. The firm has a 50 day moving average of $41.51 and a 200 day moving average of $41.54. The firm has a market capitalization of $8.43 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25. 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 firm also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.1394 per share. 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.