Flaharty Asset Management LLC Buys New Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Flaharty Asset Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,785 shares of the company’s stock, valued at approximately $234,000.

Other large investors have also added to or reduced their stakes in the company. Sofi Wealth LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $28,000. MassMutual Private Wealth & Trust FSB purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $28,000. Hanson & Doremus Investment Management purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $28,000. Key Financial Inc lifted its holdings in Global X U.S. Infrastructure Development ETF by 613.2% during the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after purchasing an additional 650 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $32,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS:PAVE opened at $40.20 on Friday. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The company has a market capitalization of $8.43 billion, a P/E ratio of 23.20 and a beta of 1.25. The firm’s 50 day simple moving average is $41.51 and its two-hundred day simple moving average is $41.54.

Global X U.S. Infrastructure Development ETF Announces Dividend

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

About Global X U.S. Infrastructure Development ETF

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.