Holderness Investments Co. Purchases 622 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Holderness Investments Co. boosted its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,315 shares of the company’s stock after purchasing an additional 622 shares during the period. Holderness Investments Co.’s holdings in Global X U.S. Infrastructure Development ETF were worth $336,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Caprock Group LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 42.9% during the 3rd quarter. Caprock Group LLC now owns 16,715 shares of the company’s stock worth $688,000 after buying an additional 5,022 shares during the period. PNC Financial Services Group Inc. grew its holdings in Global X U.S. Infrastructure Development ETF by 367.1% in the third quarter. PNC Financial Services Group Inc. now owns 47,518 shares of the company’s stock worth $1,956,000 after purchasing an additional 37,344 shares during the period. Avior Wealth Management LLC increased its stake in Global X U.S. Infrastructure Development ETF by 3.9% in the third quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after purchasing an additional 254 shares in the last quarter. Howe & Rusling Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the third quarter valued at about $39,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $68,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $38.71 on Friday. Global X U.S. Infrastructure Development ETF has a one year low of $35.72 and a one year high of $46.18. The company has a market cap of $7.96 billion, a PE ratio of 21.38 and a beta of 1.27. The stock has a 50-day moving average of $40.84 and a 200-day moving average of $41.53.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.1394 dividend. 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.