Kingsview Wealth Management LLC Reduces Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Kingsview Wealth Management LLC reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 12.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 78,477 shares of the company’s stock after selling 10,710 shares during the period. Kingsview Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,171,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. EP Wealth Advisors LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the third quarter valued at $31,003,000. Axxcess Wealth Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock valued at $27,909,000 after acquiring an additional 627,585 shares during the period. Bank of Montreal Can increased its stake in shares of Global X U.S. Infrastructure Development ETF by 3.0% in the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after purchasing an additional 586,418 shares in the last quarter. First Interstate Bank raised its holdings in Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after purchasing an additional 357,771 shares during the period. Finally, Raymond James & Associates boosted its position in Global X U.S. Infrastructure Development ETF by 64.3% during the third quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock worth $32,148,000 after purchasing an additional 305,548 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 0.5 %

Shares of PAVE opened at $41.68 on Monday. The firm has a market cap of $7.98 billion, a P/E ratio of 20.28 and a beta of 1.13. The stock’s 50 day moving average is $42.24 and its two-hundred day moving average is $41.23. Global X U.S. Infrastructure Development ETF has a 12 month low of $13.80 and a 12 month high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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