Good Life Advisors LLC Sells 8,121 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Good Life Advisors LLC decreased its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 51.8% in the fourth quarter, Holdings Channel reports. The fund owned 7,559 shares of the company’s stock after selling 8,121 shares during the quarter. Good Life Advisors LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $305,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PAVE. MassMutual Private Wealth & Trust FSB purchased a new stake in Global X U.S. Infrastructure Development ETF during the 4th quarter valued at $28,000. Hanson & Doremus Investment Management purchased a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $28,000. Key Financial Inc lifted its holdings 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 worth $31,000 after acquiring an additional 650 shares during the last quarter. Trivant Custom Portfolio Group LLC bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth about $32,000. Finally, Synergy Asset Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the 4th quarter worth about $38,000.

Global X U.S. Infrastructure Development ETF Trading Up 0.4 %

Shares of BATS:PAVE opened at $41.60 on Friday. The company has a market capitalization of $7.97 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 firm’s 50-day moving average is $41.79 and its 200 day moving average is $41.41.

Global X U.S. Infrastructure Development ETF Announces Dividend

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