Cookson Peirce & Co. Inc. Decreases Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Cookson Peirce & Co. Inc. lowered its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,598 shares of the company’s stock after selling 1,441 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,075,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Avior Wealth Management LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.9% in the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock worth $282,000 after buying an additional 254 shares during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.9% in the 4th quarter. Fisher Asset Management LLC now owns 7,447 shares of the company’s stock worth $301,000 after buying an additional 282 shares during the last quarter. Crewe Advisors LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 17.4% in the 4th quarter. Crewe Advisors LLC now owns 1,976 shares of the company’s stock worth $80,000 after buying an additional 293 shares during the last quarter. Richardson Capital Management LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 8.3% in the 3rd quarter. Richardson Capital Management LLC now owns 4,276 shares of the company’s stock worth $176,000 after buying an additional 326 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.5% in the 4th quarter. Diversify Advisory Services LLC now owns 26,160 shares of the company’s stock worth $1,048,000 after buying an additional 380 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Down 5.6 %

Global X U.S. Infrastructure Development ETF stock opened at $39.14 on Thursday. The company’s 50-day moving average price is $41.37 and its 200-day moving average price is $41.58. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company has a market cap of $8.21 billion, a PE ratio of 23.20 and a beta of 1.25.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

Global X U.S. Infrastructure Development ETF 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.