SlateStone Wealth LLC Reduces Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

SlateStone Wealth LLC lowered its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,661 shares of the company’s stock after selling 757 shares during the quarter. SlateStone Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $835,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Sofi Wealth LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $28,000. MassMutual Private Wealth & Trust FSB acquired a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Hanson & Doremus Investment Management acquired a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $28,000. Key Financial Inc grew its stake in shares of Global X U.S. Infrastructure Development ETF by 613.2% in the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after purchasing an additional 650 shares during the last quarter. Finally, Trivant Custom Portfolio Group LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $32,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $38.38 on Monday. The stock has a fifty day moving average price of $41.00 and a 200 day moving average price of $41.58. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The company has a market cap of $7.89 billion, a PE ratio of 21.38 and a beta of 1.27.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently announced 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 Company 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.