Avitas Wealth Management LLC Has $296,000 Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Avitas Wealth Management LLC decreased its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 5.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,320 shares of the company’s stock after selling 397 shares during the quarter. Avitas Wealth Management LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $296,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PAVE. Bank of Montreal Can boosted its holdings 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 buying an additional 586,418 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake 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 acquiring an additional 229,948 shares during the last quarter. First Interstate Bank grew its position in shares of 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 valued at $45,663,000 after acquiring an additional 357,771 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 30.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,073,601 shares of the company’s stock worth $44,007,000 after purchasing an additional 247,941 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 1.0% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock worth $39,536,000 after purchasing an additional 10,056 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 0.9 %

PAVE opened at $41.84 on Thursday. The stock has a market cap of $8.01 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The business has a 50 day moving average of $42.47 and a 200-day moving average of $41.19.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business 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 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.