AIFG Consultants Ltd. Lowers Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

AIFG Consultants Ltd. trimmed its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 86.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,719 shares of the company’s stock after selling 42,139 shares during the period. AIFG Consultants Ltd.’s holdings in Global X U.S. Infrastructure Development ETF were worth $272,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of PAVE. Avior Wealth Management LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 3.9% in the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after purchasing an additional 254 shares in the last quarter. Crewe Advisors LLC increased its position in shares of Global X U.S. Infrastructure Development ETF by 17.4% in the fourth quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock worth $80,000 after acquiring an additional 293 shares in the last quarter. Richardson Capital Management LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 8.3% during the 3rd 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 in the last quarter. Diversify Advisory Services LLC increased its holdings in Global X U.S. Infrastructure Development ETF by 1.5% in the 4th quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock valued at $1,048,000 after purchasing an additional 380 shares in the last quarter. Finally, Tandem Capital Management Corp ADV lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 2.6% during the fourth quarter. Tandem Capital Management Corp ADV now owns 16,070 shares of the company’s stock worth $649,000 after purchasing an additional 400 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $42.11 on Tuesday. The company has a market capitalization of $8.06 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The business has a 50-day moving average of $42.24 and a 200-day moving average of $41.25.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a dividend of $0.1394 per share. 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.