Elevated Capital Advisors LLC Has $218,000 Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Elevated Capital Advisors LLC reduced its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 38.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,396 shares of the company’s stock after selling 3,346 shares during the period. Elevated Capital Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $218,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of PAVE. Bank of Montreal Can lifted its position in shares of Global X U.S. Infrastructure Development ETF by 3.0% in the third quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock worth $822,978,000 after purchasing an additional 586,418 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Global X U.S. Infrastructure Development ETF by 14.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $59,608,000 after buying an additional 198,255 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 19.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after buying an additional 229,948 shares during the period. First Interstate Bank grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 47.6% during the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock valued at $45,663,000 after acquiring an additional 357,771 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 30.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,073,601 shares of the company’s stock valued at $44,007,000 after acquiring an additional 247,941 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.3 %

Shares of BATS:PAVE opened at $40.58 on Tuesday. The firm has a market cap of $7.77 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 business has a fifty day simple moving average of $43.17 and a 200 day simple moving average of $40.63.

Global X U.S. Infrastructure Development ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued 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.