Private Trust Co. NA Sells 1,335 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Private Trust Co. NA cut its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 8.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,585 shares of the company’s stock after selling 1,335 shares during the period. Private Trust Co. NA’s holdings in Global X U.S. Infrastructure Development ETF were worth $589,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of PAVE. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth $28,000. Hanson & Doremus Investment Management acquired a new position in Global X U.S. Infrastructure Development ETF during the fourth quarter worth about $28,000. Sofi Wealth LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth about $28,000. Key Financial Inc boosted its stake in shares of Global X U.S. Infrastructure Development ETF by 613.2% in the 4th quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after purchasing an additional 650 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter valued at approximately $32,000.

Global X U.S. Infrastructure Development ETF Price Performance

PAVE stock opened at $40.20 on Friday. Global X U.S. Infrastructure Development ETF has a 1 year low of $13.80 and a 1 year high of $17.80. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of 23.20 and a beta of 1.25. The company has a 50 day simple moving average of $41.51 and a 200 day simple moving average of $41.57.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders 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 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.