New Millennium Group LLC Raises Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

New Millennium Group LLC raised its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7,744.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,686 shares of the company’s stock after purchasing an additional 117,173 shares during the period. Global X U.S. Infrastructure Development ETF accounts for approximately 2.8% of New Millennium Group LLC’s investment portfolio, making the stock its 11th largest holding. New Millennium Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,796,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Avior Wealth Management LLC boosted 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 worth $282,000 after purchasing an additional 254 shares in the last quarter. Richardson Capital Management LLC boosted 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 acquiring an additional 326 shares in the last quarter. Diversify Advisory Services LLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 1.5% during the fourth quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock worth $1,048,000 after acquiring an additional 380 shares during the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of 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 raised its position in shares of Global X U.S. Infrastructure Development ETF by 1.6% in the 3rd quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock valued at $1,098,000 after purchasing an additional 416 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 2.1 %

BATS:PAVE opened at $42.31 on Friday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a market cap of $8.10 billion, a PE ratio of 20.28 and a beta of 1.13. The company’s 50 day moving average is $42.70 and its two-hundred day moving average is $41.09.

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 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.