Global X U.S. Infrastructure Development ETF (BATS:PAVE) Stock Position Decreased by MGO Private Wealth LLC

MGO Private Wealth LLC cut its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 19.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,037 shares of the company’s stock after selling 5,164 shares during the quarter. MGO Private Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $891,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 7.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock valued at $2,085,000 after purchasing an additional 3,593 shares in the last quarter. Ameliora Wealth Management Ltd. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $162,000. Proficio Capital Partners LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $771,000. Fisher Asset Management LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the third quarter valued at $295,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock valued at $27,056,000 after purchasing an additional 64,843 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 8.4 %

Shares of BATS:PAVE opened at $37.98 on Thursday. 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 $41.10 and a 200 day simple moving average of $41.57. The firm has a market cap of $7.96 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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