LWM Advisory Services LLC Cuts Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

LWM Advisory Services LLC reduced its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,430 shares of the company’s stock after selling 993 shares during the period. Global X U.S. Infrastructure Development ETF accounts for approximately 5.0% of LWM Advisory Services LLC’s portfolio, making the stock its 5th biggest holding. LWM Advisory Services LLC owned 0.09% of Global X U.S. Infrastructure Development ETF worth $7,170,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in Global X U.S. Infrastructure Development ETF by 7.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,661 shares of the company’s stock valued at $2,085,000 after buying an additional 3,593 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Global X U.S. Infrastructure Development ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock worth $812,000 after purchasing an additional 422 shares during the period. Ameliora Wealth Management Ltd. bought a new position in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth about $162,000. Fisher Asset Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF in the third quarter worth about $295,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Global X U.S. Infrastructure Development ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 657,342 shares of the company’s stock worth $27,056,000 after purchasing an additional 64,843 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

Global X U.S. Infrastructure Development ETF stock opened at $40.44 on Friday. The business’s 50-day simple moving average is $41.70 and its 200-day simple moving average is $41.47. The firm has a market capitalization of $7.74 billion, a PE ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 52 week low of $13.80 and a 52 week high of $17.80.

Global X U.S. Infrastructure Development ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid 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.