Global X U.S. Infrastructure Development ETF (BATS:PAVE) Stake Boosted by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC increased its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 87.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,604 shares of the company’s stock after acquiring an additional 23,085 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,005,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 3.9% during the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock worth $282,000 after purchasing an additional 254 shares in the last quarter. Richardson Capital Management LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 8.3% in the third quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock worth $176,000 after buying an additional 326 shares during the last quarter. Diversify Advisory Services LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 1.5% in the fourth quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock worth $1,048,000 after buying an additional 380 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in Global X U.S. Infrastructure Development ETF by 5.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 7,582 shares of the company’s stock valued at $306,000 after acquiring an additional 403 shares in the last quarter. Finally, Brookstone Capital Management lifted its stake in Global X U.S. Infrastructure Development ETF by 1.6% in the third quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock valued at $1,098,000 after acquiring an additional 416 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 1.3 %

Shares of PAVE opened at $42.00 on Tuesday. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The company’s fifty day moving average is $42.86 and its 200-day moving average is $41.02. 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 business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a dividend of $0.1394 per share. The ex-dividend date 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.