Allworth Financial LP Sells 5,561 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Allworth Financial LP decreased its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 91,494 shares of the company’s stock after selling 5,561 shares during the quarter. Allworth Financial LP’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,998,000 at the end of the most recent quarter.

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

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $41.92 on Tuesday. The stock has a market capitalization of $8.03 billion, a PE ratio of 20.28 and a beta of 1.13. The business has a 50 day simple moving average of $41.91 and a two-hundred day simple moving average of $41.35. 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 declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a dividend of $0.1394 per share. 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.