Geneos Wealth Management Inc. Trims Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Geneos Wealth Management Inc. lowered its position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,598 shares of the company’s stock after selling 313 shares during the period. Geneos Wealth Management Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $630,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. NewEdge Advisors LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 37.1% in the 2nd quarter. NewEdge Advisors LLC now owns 77,603 shares of the company’s stock valued at $2,873,000 after acquiring an additional 20,980 shares during the last quarter. Granite Bay Wealth Management LLC purchased a new stake in Global X U.S. Infrastructure Development ETF in the second quarter valued at $3,081,000. Heritage Oak Wealth Advisors LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth about $779,000. Sanctuary Advisors LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter worth about $7,041,000. Finally, Heritage Wealth Management Inc. acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at about $309,000.

Global X U.S. Infrastructure Development ETF Stock Up 1.4 %

Global X U.S. Infrastructure Development ETF stock opened at $42.02 on Wednesday. The business’s 50-day moving average price is $42.82 and its 200 day moving average price is $41.05. The firm has a market cap of $8.05 billion, a price-to-earnings 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 Dividend Announcement

The company also recently disclosed 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.