Runnymede Capital Advisors Inc. Acquires New Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Runnymede Capital Advisors Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,194 shares of the company’s stock, valued at approximately $48,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of PAVE. Caprock Group LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 42.9% in the 3rd quarter. Caprock Group LLC now owns 16,715 shares of the company’s stock valued at $688,000 after buying an additional 5,022 shares during the period. PNC Financial Services Group Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 367.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 47,518 shares of the company’s stock valued at $1,956,000 after buying 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% during the third quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock worth $282,000 after purchasing an additional 254 shares during the period. Meridian Wealth Management LLC increased its stake in Global X U.S. Infrastructure Development ETF by 8.1% during the third quarter. Meridian Wealth Management LLC now owns 81,460 shares of the company’s stock worth $3,353,000 after purchasing an additional 6,105 shares during the period. Finally, Great Valley Advisor Group Inc. increased its stake in Global X U.S. Infrastructure Development ETF by 2.8% during the third quarter. Great Valley Advisor Group Inc. now owns 472,375 shares of the company’s stock worth $19,443,000 after purchasing an additional 12,648 shares during the period.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS:PAVE opened at $38.25 on Friday. The firm has a market capitalization of $7.86 billion, a PE ratio of 21.38 and a beta of 1.27. The firm’s 50-day moving average is $40.80 and its two-hundred day moving average is $41.55. Global X U.S. Infrastructure Development ETF has a 1 year low of $35.72 and a 1 year high of $46.18.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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