GenTrust LLC Cuts Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

GenTrust LLC reduced its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 33.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,577 shares of the company’s stock after selling 7,471 shares during the period. GenTrust LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $591,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Sofi Wealth LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $28,000. MassMutual Private Wealth & Trust FSB purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $28,000. Hanson & Doremus Investment Management purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $28,000. Key Financial Inc increased its holdings in Global X U.S. Infrastructure Development ETF by 613.2% in the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $32,000.

Global X U.S. Infrastructure Development ETF Trading Down 3.1 %

Shares of Global X U.S. Infrastructure Development ETF stock opened at $40.15 on Thursday. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The stock has a market cap of $8.42 billion, a PE ratio of 23.20 and a beta of 1.25. The company has a 50-day moving average of $41.55 and a two-hundred day moving average of $41.53.

Global X U.S. Infrastructure Development ETF Announces Dividend

The firm 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.

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.