1858 Wealth Management LLC Has $253,000 Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

1858 Wealth Management LLC cut its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 56.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,270 shares of the company’s stock after selling 8,212 shares during the period. 1858 Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $253,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PAVE. EP Wealth Advisors LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at $31,003,000. Axxcess Wealth Management LLC boosted its position in Global X U.S. Infrastructure Development ETF by 1,243.3% during the third quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock valued at $27,909,000 after acquiring an additional 627,585 shares during the last quarter. Bank of Montreal Can grew its holdings in Global X U.S. Infrastructure Development ETF by 3.0% during the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock worth $822,978,000 after acquiring an additional 586,418 shares during the period. First Interstate Bank raised its position in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after acquiring an additional 357,771 shares in the last quarter. Finally, Raymond James & Associates raised its position in shares of Global X U.S. Infrastructure Development ETF by 64.3% in the 3rd quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock worth $32,148,000 after acquiring an additional 305,548 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $41.74 on Wednesday. The stock’s 50-day moving average is $42.55 and its 200 day moving average is $41.16. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently disclosed 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 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.