Magnus Financial Group LLC Acquires 6,688 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Magnus Financial Group LLC grew its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 31.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,767 shares of the company’s stock after purchasing an additional 6,688 shares during the period. Magnus Financial Group LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of PAVE. MassMutual Private Wealth & Trust FSB bought a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $28,000. Trivant Custom Portfolio Group LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $32,000. First PREMIER Bank acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $39,000. Howe & Rusling Inc. acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter worth about $39,000. Finally, Clear Point Advisors Inc. bought a new position in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at about $40,000.

Global X U.S. Infrastructure Development ETF Trading Up 5.4 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $43.69 on Thursday. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The firm’s 50-day moving average price is $42.89 and its two-hundred day moving average price is $40.87. The stock has a market capitalization of $8.37 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

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