Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by GenTrust LLC

GenTrust LLC lowered its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 33.9% during the fourth quarter, Holdings Channel reports. The fund owned 14,577 shares of the company’s stock after selling 7,471 shares during the quarter. GenTrust LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $591,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of PAVE. Principal Financial Group Inc. boosted its position in Global X U.S. Infrastructure Development ETF by 40.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock worth $140,619,000 after acquiring an additional 994,800 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at $31,003,000. Axxcess Wealth Management LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock valued at $27,909,000 after purchasing an additional 627,585 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.0% in the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after purchasing an additional 586,418 shares during the last quarter. Finally, First Interstate Bank boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after purchasing an additional 357,771 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 3.1 %

Shares of PAVE opened at $40.15 on Thursday. The firm has a market cap of $8.42 billion, a PE ratio of 23.20 and a beta of 1.25. The company’s fifty day moving average is $41.55 and its two-hundred day moving average is $41.53. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

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