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

Nvwm LLC decreased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 45,058 shares of the company’s stock after selling 251 shares during the period. Nvwm LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,821,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of PAVE. Bank of Montreal Can increased its stake in Global X U.S. Infrastructure Development ETF by 3.0% during the third quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock worth $822,978,000 after acquiring an additional 586,418 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in Global X U.S. Infrastructure Development ETF by 19.9% in the third 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 last quarter. First Interstate Bank boosted its stake in Global X U.S. Infrastructure Development ETF by 47.6% during the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after buying an additional 357,771 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Global X U.S. Infrastructure Development ETF by 3.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock valued at $44,735,000 after acquiring an additional 32,939 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 1.0% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock valued at $39,536,000 after acquiring an additional 10,056 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $41.74 on Wednesday. The stock has a market capitalization of $7.99 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80. The company has a 50 day moving average price of $42.47 and a 200 day moving average price of $41.19.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The company also recently announced 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 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.