Evolution Wealth Advisors LLC Decreases Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Evolution Wealth Advisors LLC reduced its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 770,844 shares of the company’s stock after selling 734 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up approximately 5.2% of Evolution Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Evolution Wealth Advisors LLC owned approximately 0.40% of Global X U.S. Infrastructure Development ETF worth $31,146,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bank of Montreal Can raised its holdings 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 valued at $822,978,000 after acquiring an additional 586,418 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Global X U.S. Infrastructure Development ETF by 14.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock valued at $59,608,000 after acquiring an additional 198,255 shares during the period. Commonwealth Equity Services LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 19.9% during 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 period. First Interstate Bank raised its holdings 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 valued at $45,663,000 after acquiring an additional 357,771 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 30.0% in the third 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.

Global X U.S. Infrastructure Development ETF Trading Up 5.4 %

Shares of PAVE stock opened at $43.69 on Thursday. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The stock’s 50-day moving average price is $42.89 and its 200-day moving average price is $40.87. The stock has a market capitalization of $8.37 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a $0.1394 dividend. The ex-dividend date of this dividend was Monday, December 30th.

About Global X U.S. Infrastructure Development ETF

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.