Peoples Bank KS Acquires 21,045 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Peoples Bank KS increased its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 265.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,975 shares of the company’s stock after purchasing an additional 21,045 shares during the quarter. Peoples Bank KS’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,171,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First PREMIER Bank purchased a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at about $39,000. Howe & Rusling Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth approximately $39,000. Clear Point Advisors Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth approximately $40,000. Assetmark Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 401.5% in the 3rd quarter. Assetmark Inc. now owns 1,359 shares of the company’s stock valued at $56,000 after purchasing an additional 1,088 shares during the period. Finally, Main Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth $59,000.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE stock opened at $40.53 on Wednesday. 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 fifty day moving average is $43.23 and its 200 day moving average is $40.54. The company has a market capitalization of $7.76 billion, a PE ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a dividend of $0.1394 per share. The ex-dividend date of this dividend 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.