Global X U.S. Infrastructure Development ETF (BATS:PAVE) Holdings Cut by Mine & Arao Wealth Creation & Management LLC.

Mine & Arao Wealth Creation & Management LLC. reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,181 shares of the company’s stock after selling 1,266 shares during the quarter. Mine & Arao Wealth Creation & Management LLC.’s holdings in Global X U.S. Infrastructure Development ETF were worth $654,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Cibc World Market Inc. increased its position in Global X U.S. Infrastructure Development ETF by 5.4% in the 4th quarter. Cibc World Market Inc. now owns 285,632 shares of the company’s stock valued at $11,542,000 after acquiring an additional 14,680 shares during the period. Fifth Third Securities Inc. increased its holdings in shares of 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 valued at $4,789,000 after purchasing an additional 24,479 shares during the period. Synergy Asset Management LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at about $38,000. Gries Financial LLC acquired a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter worth about $583,000. Finally, Hanson & Doremus Investment Management bought a new position in Global X U.S. Infrastructure Development ETF in the 4th quarter valued at about $28,000.

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 twelve month low of $13.80 and a twelve month high of $17.80. The firm has a market cap of $8.17 billion, a P/E ratio of 20.28 and a beta of 1.13. The company has a 50 day moving average of $42.74 and a 200-day moving average of $41.08.

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 given a dividend of $0.1394 per share. The ex-dividend date 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.