Systelligence LLC Sells 11,303 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Systelligence LLC reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 9.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 106,983 shares of the company’s stock after selling 11,303 shares during the period. Systelligence LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $4,323,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 7.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock worth $2,085,000 after purchasing an additional 3,593 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock worth $812,000 after purchasing an additional 422 shares in the last quarter. Ameliora Wealth Management Ltd. acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $162,000. Fisher Asset Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the 3rd quarter worth approximately $295,000. Finally, JPMorgan Chase & Co. boosted its stake in Global X U.S. Infrastructure Development ETF by 10.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock worth $27,056,000 after purchasing an additional 64,843 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 1.1 %

PAVE stock opened at $41.92 on Monday. The firm has a 50 day moving average of $41.91 and a 200 day moving average of $41.34. The stock has a market capitalization of $8.03 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid 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.