Koshinski Asset Management Inc. Has $1.31 Million Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Koshinski Asset Management Inc. raised its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.3% in the fourth quarter, Holdings Channel reports. The firm owned 32,335 shares of the company’s stock after acquiring an additional 1,039 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,307,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Avior Wealth Management LLC lifted its holdings in Global X U.S. Infrastructure Development ETF by 3.9% during the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after purchasing an additional 254 shares during the last quarter. Richardson Capital Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the 3rd quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock worth $176,000 after buying an additional 326 shares during the period. Diversify Advisory Services LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 1.5% in the 4th quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock valued at $1,048,000 after acquiring an additional 380 shares during the period. Brookstone Capital Management lifted its position in Global X U.S. Infrastructure Development ETF by 1.6% during the third quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock worth $1,098,000 after acquiring an additional 416 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock worth $812,000 after acquiring an additional 422 shares during the period.

Global X U.S. Infrastructure Development ETF Trading Up 5.7 %

Global X U.S. Infrastructure Development ETF stock opened at $43.83 on Wednesday. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The stock’s 50 day moving average is $42.91 and its 200-day moving average is $40.82. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

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