Goldstein Advisors LLC Decreases Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Goldstein Advisors LLC decreased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 155,132 shares of the company’s stock after selling 5,940 shares during the period. Global X U.S. Infrastructure Development ETF accounts for approximately 0.9% of Goldstein Advisors LLC’s holdings, making the stock its 19th biggest holding. Goldstein Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $6,269,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB acquired a new stake in Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $28,000. Trivant Custom Portfolio Group LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth $32,000. First PREMIER Bank acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the third quarter worth $39,000. Howe & Rusling Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the third quarter valued at $39,000. Finally, Clear Point Advisors Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at $40,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE stock opened at $43.69 on Thursday. The business has a fifty day moving average of $42.87 and a 200 day moving average of $40.89. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.1394 dividend. The ex-dividend date 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.