Vestcor Inc Has $342,000 Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Vestcor Inc trimmed its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 34.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,455 shares of the company’s stock after selling 4,485 shares during the period. Vestcor Inc’s holdings in Global X U.S. Infrastructure Development ETF were worth $342,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Avantax Advisory Services Inc. lifted its holdings in Global X U.S. Infrastructure Development ETF by 25.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 129,348 shares of the company’s stock valued at $5,227,000 after purchasing an additional 25,879 shares during the last quarter. Chicago Wealth Management Inc. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 5.3% during the 4th quarter. Chicago Wealth Management Inc. now owns 222,627 shares of the company’s stock worth $8,996,000 after buying an additional 11,294 shares during the period. EverSource Wealth Advisors LLC grew its stake in Global X U.S. Infrastructure Development ETF by 24.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 12,961 shares of the company’s stock valued at $524,000 after buying an additional 2,514 shares during the last quarter. PFG Advisors grew its stake in Global X U.S. Infrastructure Development ETF by 11.1% in the 4th quarter. PFG Advisors now owns 71,027 shares of the company’s stock valued at $2,870,000 after buying an additional 7,109 shares during the last quarter. Finally, Moors & Cabot Inc. bought a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $216,000.

Global X U.S. Infrastructure Development ETF Trading Down 6.6 %

Global X U.S. Infrastructure Development ETF stock opened at $38.72 on Tuesday. The company has a market capitalization of $7.96 billion, a price-to-earnings ratio of 21.38 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a 12 month low of $35.72 and a 12 month high of $46.18. The stock’s 50 day moving average is $40.96 and its 200-day moving average is $41.58.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently disclosed 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 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.