Fifth Third Securities Inc. Grows Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Fifth Third Securities Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 26.0% in the 4th quarter, Holdings Channel reports. The firm owned 118,521 shares of the company’s stock after purchasing an additional 24,479 shares during the period. Fifth Third Securities Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of PAVE. Synergy Asset Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth $38,000. Gries Financial LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth $583,000. Hanson & Doremus Investment Management purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth $28,000. Bensler LLC raised its position in Global X U.S. Infrastructure Development ETF by 3.2% during the 4th quarter. Bensler LLC now owns 611,301 shares of the company’s stock worth $24,703,000 after buying an additional 19,145 shares during the last quarter. Finally, Aurora Private Wealth Inc. purchased a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth $304,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $42.64 on Friday. The company has a market cap of $8.17 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The firm has a fifty day moving average of $42.74 and a two-hundred day moving average of $41.08.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a dividend of $0.1394 per share. 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.