MADDEN SECURITIES Corp Reduces Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

MADDEN SECURITIES Corp decreased its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 49.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,150 shares of the company’s stock after selling 6,000 shares during the quarter. MADDEN SECURITIES Corp’s holdings in Global X U.S. Infrastructure Development ETF were worth $249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the fourth quarter worth about $28,000. Hanson & Doremus Investment Management bought a new stake in shares of Global X U.S. Infrastructure Development ETF in the 4th quarter worth approximately $28,000. Trivant Custom Portfolio Group LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $32,000. Synergy Asset Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $38,000. Finally, Howe & Rusling Inc. bought a new position in shares of Global X U.S. Infrastructure Development ETF during the third quarter valued at approximately $39,000.

Global X U.S. Infrastructure Development ETF Stock Up 1.6 %

BATS:PAVE opened at $42.11 on Tuesday. The firm’s fifty day simple moving average is $42.24 and its 200 day simple moving average is $41.25. The stock has a market cap of $8.06 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business 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.

Global X U.S. Infrastructure Development ETF Company 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.