Avitas Wealth Management LLC Sells 397 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Avitas Wealth Management LLC decreased its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,320 shares of the company’s stock after selling 397 shares during the quarter. Avitas Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $296,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 7.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock valued at $2,085,000 after purchasing an additional 3,593 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock valued at $812,000 after buying an additional 422 shares in the last quarter. Fisher Asset Management LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at approximately $295,000. JPMorgan Chase & Co. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after buying an additional 64,843 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 1.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 193,541 shares of the company’s stock worth $7,821,000 after acquiring an additional 3,410 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.9 %

PAVE opened at $41.84 on Thursday. The stock has a market capitalization of $8.01 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80. The firm’s fifty day simple moving average is $42.47 and its 200 day simple moving average is $41.19.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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