Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC decreased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 12.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 78,477 shares of the company’s stock after selling 10,710 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,171,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PAVE. Bank of Montreal Can grew its holdings in Global X U.S. Infrastructure Development ETF by 3.0% in the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after buying an additional 586,418 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 19.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after acquiring an additional 229,948 shares during the last quarter. First Interstate Bank boosted its position in shares of Global X U.S. Infrastructure Development ETF by 47.6% during the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after acquiring an additional 357,771 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock valued at $44,735,000 after purchasing an additional 32,939 shares during the period. Finally, Moss Adams Wealth Advisors LLC increased its position in Global X U.S. Infrastructure Development ETF by 1.0% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock worth $39,536,000 after purchasing an additional 10,056 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS:PAVE opened at $41.68 on Monday. The company’s 50-day moving average is $42.24 and its two-hundred day moving average is $41.23. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The firm has a market capitalization 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 Announces Dividend

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