Global X U.S. Infrastructure Development ETF (BATS:PAVE) Shares Sold by ARS Investment Partners LLC

ARS Investment Partners LLC cut its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,131 shares of the company’s stock after selling 1,256 shares during the period. ARS Investment Partners LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,864,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of New York Mellon Corp increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 28.2% in the second quarter. Bank of New York Mellon Corp now owns 13,098 shares of the company’s stock valued at $485,000 after buying an additional 2,885 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 37.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 25,175 shares of the company’s stock valued at $932,000 after buying an additional 6,861 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 9.4% in the second quarter. Thrivent Financial for Lutherans now owns 377,476 shares of the company’s stock valued at $13,975,000 after buying an additional 32,464 shares in the last quarter. Holderness Investments Co. increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 13.8% in the second quarter. Holderness Investments Co. now owns 7,228 shares of the company’s stock valued at $268,000 after buying an additional 876 shares in the last quarter. Finally, DRW Securities LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at $1,481,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS PAVE opened at $42.90 on Tuesday. The business’s fifty day moving average is $42.96 and its two-hundred day moving average is $40.78. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The stock has a market capitalization of $8.22 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

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