Financial Sense Advisors Inc. Lowers Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Financial Sense Advisors Inc. lowered its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,618 shares of the company’s stock after selling 288 shares during the period. Financial Sense Advisors Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $267,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in PAVE. MassMutual Private Wealth & Trust FSB bought a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $28,000. Hanson & Doremus Investment Management purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $28,000. Key Financial Inc lifted its position in shares of Global X U.S. Infrastructure Development ETF by 613.2% in the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock worth $31,000 after purchasing an additional 650 shares during the period. Trivant Custom Portfolio Group LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $32,000. Finally, Synergy Asset Management LLC purchased a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $38,000.

Global X U.S. Infrastructure Development ETF Stock Up 1.5 %

Shares of BATS:PAVE opened at $42.06 on Thursday. The firm has a 50 day moving average of $41.83 and a 200 day moving average of $41.40. The company has a market capitalization of $8.06 billion, a price-to-earnings 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 Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a $0.1394 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Company 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.