Cooper Financial Group Purchases 25,679 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Cooper Financial Group increased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 498,717 shares of the company’s stock after purchasing an additional 25,679 shares during the period. Global X U.S. Infrastructure Development ETF accounts for 2.4% of Cooper Financial Group’s investment portfolio, making the stock its 10th biggest position. Cooper Financial Group’s holdings in Global X U.S. Infrastructure Development ETF were worth $20,153,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PAVE. First PREMIER Bank acquired a new stake in Global X U.S. Infrastructure Development ETF in the third quarter valued at $39,000. Howe & Rusling Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $39,000. Clear Point Advisors Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $40,000. Assetmark Inc. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 401.5% during the third quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock worth $56,000 after purchasing an additional 1,088 shares during the last quarter. Finally, Main Management LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the third quarter worth about $59,000.

Global X U.S. Infrastructure Development ETF Stock Down 1.4 %

BATS:PAVE traded down $0.55 during trading hours on Monday, reaching $40.06. 1,941,161 shares of the stock were exchanged. The stock has a market capitalization of $7.67 billion, a P/E ratio of 20.28 and a beta of 1.13. The firm has a 50 day simple moving average of $43.19 and a 200-day simple moving average of $40.61. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week 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. 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 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.