Ocean Park Asset Management LLC Grows Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Ocean Park Asset Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 434.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,979 shares of the company’s stock after purchasing an additional 145,467 shares during the quarter. Ocean Park Asset Management LLC owned approximately 0.09% of Global X U.S. Infrastructure Development ETF worth $7,233,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Avior Wealth Management LLC increased its position in shares of 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 buying an additional 254 shares in the last quarter. Crewe Advisors LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 17.4% in the 4th quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock worth $80,000 after acquiring an additional 293 shares in the last quarter. Richardson Capital Management LLC raised its position in Global X U.S. Infrastructure Development ETF by 8.3% during 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 during the period. Diversify Advisory Services LLC lifted its holdings in 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 valued at $1,048,000 after purchasing an additional 380 shares in the last quarter. Finally, Tandem Capital Management Corp ADV grew its position in shares of Global X U.S. Infrastructure Development ETF by 2.6% in the fourth quarter. Tandem Capital Management Corp ADV now owns 16,070 shares of the company’s stock valued at $649,000 after purchasing an additional 400 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.6 %

PAVE stock opened at $42.11 on Tuesday. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80. The firm has a 50-day simple moving average of $42.24 and a 200-day simple moving average of $41.25. The stock has a market capitalization of $8.06 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company 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 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.