Evoke Wealth LLC Raises Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Evoke Wealth LLC lifted its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 13.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,449 shares of the company’s stock after buying an additional 5,918 shares during the period. Evoke Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,046,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 7.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock worth $2,085,000 after buying an additional 3,593 shares during the last quarter. Ameliora Wealth Management Ltd. purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $162,000. Proficio Capital Partners LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $771,000. Fisher Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $295,000. Finally, JPMorgan Chase & Co. grew its position in shares of Global X U.S. Infrastructure Development ETF by 10.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock worth $27,056,000 after buying an additional 64,843 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 7.3 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $38.42 on Wednesday. The firm’s 50 day moving average price is $40.91 and its 200-day moving average price is $41.57. The company has a market cap of $7.90 billion, a P/E ratio of 21.38 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a 52-week low of $35.72 and a 52-week high of $46.18.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.1394 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Company 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.