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

Powell Investment Advisors LLC lessened its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,233 shares of the company’s stock after selling 4,586 shares during the period. Powell Investment Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,064,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Avior Wealth Management LLC grew its position in Global X U.S. Infrastructure Development ETF by 3.9% in the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after buying an additional 254 shares in the last quarter. Crewe Advisors LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 17.4% during the 4th quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock valued at $80,000 after purchasing an additional 293 shares in the last quarter. Richardson Capital Management LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the 3rd quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock valued at $176,000 after purchasing an additional 326 shares in the last quarter. Diversify Advisory Services LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 1.5% during the 4th quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock valued at $1,048,000 after purchasing an additional 380 shares in the last quarter. Finally, Tandem Capital Management Corp ADV boosted its position in shares of Global X U.S. Infrastructure Development ETF by 2.6% during the 4th quarter. Tandem Capital Management Corp ADV now owns 16,070 shares of the company’s stock valued at $649,000 after purchasing an additional 400 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.5 %

BATS:PAVE opened at $41.68 on Monday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a 50-day moving average of $42.24 and a 200-day moving average of $41.23. The firm has a market cap of $7.98 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently announced 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.

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.