Ellis Investment Partners LLC Boosts Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Ellis Investment Partners LLC grew its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 6.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 24,995 shares of the company’s stock after acquiring an additional 1,621 shares during the quarter. Ellis Investment Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,010,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Creative Planning grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.4% in the third quarter. Creative Planning now owns 42,709 shares of the company’s stock worth $1,758,000 after purchasing an additional 1,402 shares during the last quarter. Vontobel Holding Ltd. bought a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter worth about $243,000. Good Life Advisors LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 111.4% during the third quarter. Good Life Advisors LLC now owns 15,680 shares of the company’s stock worth $645,000 after acquiring an additional 8,264 shares during the period. Secure Asset Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 5.1% in the third quarter. Secure Asset Management LLC now owns 10,880 shares of the company’s stock valued at $448,000 after purchasing an additional 525 shares during the period. Finally, Stratos Wealth Partners LTD. grew its stake in Global X U.S. Infrastructure Development ETF by 10.6% in the third quarter. Stratos Wealth Partners LTD. now owns 503,508 shares of the company’s stock worth $20,724,000 after purchasing an additional 48,142 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 1.1 %

PAVE opened at $41.92 on Friday. The stock’s fifty day moving average is $41.91 and its two-hundred day moving average is $41.32. The company has a market capitalization of $8.03 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

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