Goldstein Advisors LLC Sells 5,940 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Goldstein Advisors LLC reduced its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,132 shares of the company’s stock after selling 5,940 shares during the quarter. Global X U.S. Infrastructure Development ETF accounts for approximately 0.9% of Goldstein Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Goldstein Advisors LLC owned approximately 0.08% of Global X U.S. Infrastructure Development ETF worth $6,269,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB purchased a new position in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter valued at $28,000. Trivant Custom Portfolio Group LLC bought a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at about $32,000. First PREMIER Bank purchased a new position in Global X U.S. Infrastructure Development ETF in the third quarter valued at about $39,000. Howe & Rusling Inc. bought a new position in Global X U.S. Infrastructure Development ETF in the third quarter worth about $39,000. Finally, Clear Point Advisors Inc. purchased a new stake in shares of Global X U.S. Infrastructure Development ETF during the second quarter valued at about $40,000.

Global X U.S. Infrastructure Development ETF Stock Performance

BATS:PAVE opened at $43.69 on Thursday. The company’s 50-day simple moving average is $42.87 and its 200-day simple moving average is $40.89. 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 stock has a market capitalization of $8.37 billion, a P/E ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Announces Dividend

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