Cathy Pareto & Associates Inc. Acquires New Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Cathy Pareto & Associates Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 24,652 shares of the company’s stock, valued at approximately $996,000. Global X U.S. Infrastructure Development ETF comprises about 0.9% of Cathy Pareto & Associates Inc.’s portfolio, making the stock its 26th biggest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Chicago Wealth Management Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 4.1% during the second quarter. Chicago Wealth Management Inc. now owns 208,267 shares of the company’s stock worth $7,711,000 after acquiring an additional 8,234 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Global X U.S. Infrastructure Development ETF by 14.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $59,608,000 after purchasing an additional 198,255 shares during the period. NewEdge Advisors LLC lifted its position in shares of Global X U.S. Infrastructure Development ETF by 37.1% in the 2nd quarter. NewEdge Advisors LLC now owns 77,603 shares of the company’s stock worth $2,873,000 after purchasing an additional 20,980 shares during the period. Granite Bay Wealth Management LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth $3,081,000. Finally, Heritage Oak Wealth Advisors LLC bought a new position in Global X U.S. Infrastructure Development ETF during the second quarter worth $779,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $43.67 on Monday. The firm has a market cap of $8.36 billion, a PE 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. The business’s 50 day moving average price is $42.86 and its two-hundred day moving average price is $40.99.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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 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.