Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by Aspire Capital Advisors LLC

Aspire Capital Advisors LLC trimmed its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 129,850 shares of the company’s stock after selling 5,897 shares during the quarter. Global X U.S. Infrastructure Development ETF comprises 1.5% of Aspire Capital Advisors LLC’s portfolio, making the stock its 20th largest position. Aspire Capital Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $5,247,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in PAVE. Avior Wealth Management LLC boosted its position in shares of Global X U.S. Infrastructure Development ETF by 3.9% during the third quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock worth $282,000 after buying an additional 254 shares during the period. Richardson Capital Management LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the third quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock valued at $176,000 after acquiring an additional 326 shares during the period. Diversify Advisory Services LLC lifted its position in Global X U.S. Infrastructure Development ETF by 1.5% in the fourth quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock worth $1,048,000 after purchasing an additional 380 shares during the period. Dynamic Advisor Solutions LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 5.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 7,582 shares of the company’s stock valued at $306,000 after purchasing an additional 403 shares in the last quarter. Finally, Brookstone Capital Management increased its position in shares of Global X U.S. Infrastructure Development ETF by 1.6% during the 3rd quarter. Brookstone Capital Management now owns 26,679 shares of the company’s stock valued at $1,098,000 after purchasing an additional 416 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Up 1.4 %

Shares of PAVE stock opened at $42.03 on Tuesday. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The stock has a market capitalization of $8.05 billion, a P/E ratio of 20.28 and a beta of 1.13. The stock has a 50-day simple moving average of $42.86 and a 200 day simple moving average of $41.02.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.1394 dividend. The ex-dividend date 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.