Avantax Advisory Services Inc. Boosts Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Avantax Advisory Services Inc. lifted its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 25.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,348 shares of the company’s stock after buying an additional 25,879 shares during the period. Avantax Advisory Services Inc. owned approximately 0.07% of Global X U.S. Infrastructure Development ETF worth $5,227,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Avior Wealth Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 3.9% in the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after buying an additional 254 shares during the last quarter. Cascade Financial Partners LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 0.9% during the 4th quarter. Cascade Financial Partners LLC now owns 29,815 shares of the company’s stock worth $1,205,000 after purchasing an additional 262 shares during the period. Fisher Asset Management LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 3.9% during the 4th quarter. Fisher Asset Management LLC now owns 7,447 shares of the company’s stock worth $301,000 after purchasing an additional 282 shares during the period. Crewe Advisors LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 17.4% during the 4th quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock worth $80,000 after purchasing an additional 293 shares during the period. Finally, Diversify Advisory Services LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 1.5% during the 4th quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock worth $1,048,000 after purchasing an additional 380 shares during the period.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS:PAVE opened at $38.38 on Friday. The stock has a market cap of $7.89 billion, a P/E ratio of 21.38 and a beta of 1.27. The firm has a fifty day moving average price of $41.00 and a 200 day moving average price of $41.54. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Investors 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 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.