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

Stratos Wealth Advisors LLC trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,344 shares of the company’s stock after selling 474 shares during the period. Stratos Wealth Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,843,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management increased its holdings in Global X U.S. Infrastructure Development ETF by 1.6% during the 3rd quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock worth $1,098,000 after purchasing an additional 416 shares during the last quarter. WealthCare Investment Partners LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 40.7% in the third quarter. WealthCare Investment Partners LLC now owns 53,127 shares of the company’s stock worth $2,180,000 after buying an additional 15,371 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Global X U.S. Infrastructure Development ETF by 9.3% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 7,742 shares of the company’s stock valued at $319,000 after acquiring an additional 659 shares in the last quarter. First PREMIER Bank bought a new position in Global X U.S. Infrastructure Development ETF during the 3rd quarter valued at $39,000. Finally, Peddock Capital Advisors LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 7.3% during the 3rd quarter. Peddock Capital Advisors LLC now owns 90,001 shares of the company’s stock valued at $3,704,000 after acquiring an additional 6,102 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE opened at $41.84 on Thursday. The company has a market capitalization of $8.01 billion, a P/E ratio of 20.28 and a beta of 1.13. The company has a 50-day moving average of $42.47 and a 200-day moving average of $41.19. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

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