SlateStone Wealth LLC Decreases Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

SlateStone Wealth LLC trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,661 shares of the company’s stock after selling 757 shares during the period. SlateStone Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $835,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in PAVE. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at approximately $28,000. Hanson & Doremus Investment Management acquired a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth $28,000. Sofi Wealth LLC purchased a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $28,000. Key Financial Inc raised its stake in Global X U.S. Infrastructure Development ETF by 613.2% in the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after buying an additional 650 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $32,000.

Global X U.S. Infrastructure Development ETF Stock Performance

PAVE opened at $38.38 on Monday. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year high of $17.80. The company has a market cap of $7.89 billion, a P/E ratio of 21.38 and a beta of 1.27. The business’s 50-day simple moving average is $41.00 and its 200-day simple moving average is $41.58.

Global X U.S. Infrastructure Development ETF Announces Dividend

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