Aspire Capital Advisors LLC Reduces Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Aspire Capital Advisors LLC lessened its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,850 shares of the company’s stock after selling 5,897 shares during the period. Global X U.S. Infrastructure Development ETF comprises 1.5% of Aspire Capital Advisors LLC’s portfolio, making the stock its 20th largest holding. Aspire Capital Advisors LLC owned approximately 0.07% of Global X U.S. Infrastructure Development ETF worth $5,247,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PAVE. Aurora Private Wealth Inc. purchased a new stake in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at approximately $304,000. Capital Asset Advisory Services LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 4.6% during the 4th quarter. Capital Asset Advisory Services LLC now owns 673,415 shares of the company’s stock worth $27,482,000 after buying an additional 29,724 shares during the last quarter. Cathy Pareto & Associates Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $996,000. Kingswood Wealth Advisors LLC raised its position in Global X U.S. Infrastructure Development ETF by 87.1% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 49,604 shares of the company’s stock valued at $2,005,000 after purchasing an additional 23,085 shares during the period. Finally, Embree Financial Group boosted its position in Global X U.S. Infrastructure Development ETF by 29.9% in the 4th quarter. Embree Financial Group now owns 6,806 shares of the company’s stock valued at $275,000 after buying an additional 1,566 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of BATS PAVE opened at $42.03 on Tuesday. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. 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’s 50-day simple moving average is $42.86 and its 200-day simple moving average is $41.02.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business 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.

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.