Koa Wealth Management LLC Sells 2,968 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Koa Wealth Management LLC trimmed its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.3% during the fourth quarter, Holdings Channel reports. The firm owned 32,755 shares of the company’s stock after selling 2,968 shares during the quarter. Koa Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,324,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Fifth Third Securities Inc. boosted its position in Global X U.S. Infrastructure Development ETF by 26.0% during the fourth quarter. Fifth Third Securities Inc. now owns 118,521 shares of the company’s stock worth $4,789,000 after purchasing an additional 24,479 shares during the period. Synergy Asset Management LLC bought a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $38,000. Gries Financial LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $583,000. Hanson & Doremus Investment Management bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $28,000. Finally, Bensler LLC raised its stake in Global X U.S. Infrastructure Development ETF by 3.2% in the fourth quarter. Bensler LLC now owns 611,301 shares of the company’s stock valued at $24,703,000 after purchasing an additional 19,145 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 2.9 %

Shares of BATS PAVE opened at $42.64 on Friday. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The company has a market cap of $8.17 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The stock has a 50-day moving average price of $42.74 and a two-hundred day moving average price of $41.08.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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