Cascade Investment Group Inc. Has $331,000 Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Cascade Investment Group Inc. lowered its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 20.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,189 shares of the company’s stock after selling 2,054 shares during the period. Cascade Investment Group Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $331,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of PAVE. Trivant Custom Portfolio Group LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $32,000. First PREMIER Bank acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $39,000. Howe & Rusling Inc. bought a new stake in Global X U.S. Infrastructure Development ETF during the 3rd quarter worth $39,000. Clear Point Advisors Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter worth about $40,000. Finally, Assetmark Inc. raised its position in Global X U.S. Infrastructure Development ETF by 401.5% in the third 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 last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 3.5 %

Shares of PAVE stock opened at $42.90 on Monday. The firm has a market capitalization of $8.22 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The business’s 50-day moving average price is $42.96 and its 200-day moving average price is $40.78. 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 firm also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.1394 per share. The ex-dividend date 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.