Allworth Financial LP Sells 5,561 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Posted by Ethan Ryder on Feb 18th, 2025

Allworth Financial LP reduced its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 5.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 91,494 shares of the company’s stock after selling 5,561 shares during the quarter. Allworth Financial LP’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,998,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PAVE. MassMutual Private Wealth & Trust FSB bought a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $28,000. Hanson & Doremus Investment Management bought a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $28,000. Trivant Custom Portfolio Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $32,000. Synergy Asset Management LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $38,000. Finally, Howe & Rusling Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $39,000.

Global X U.S. Infrastructure Development ETF Stock Up 1.1 %

Shares of BATS PAVE opened at $41.92 on Tuesday. The business has a fifty day simple moving average of $41.91 and a two-hundred day simple moving average of $41.35. The firm has a market cap of $8.03 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80.

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 issued a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

About Global X U.S. Infrastructure Development ETF

(Free Report)

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.