Corient Private Wealth LLC Has $1.59 Million Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Corient Private Wealth LLC reduced its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 33.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,326 shares of the company’s stock after selling 20,017 shares during the quarter. Corient Private Wealth LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,590,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 24.6% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 7,418,750 shares of the company’s stock valued at $300,890,000 after purchasing an additional 1,464,000 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Global X U.S. Infrastructure Development ETF by 40.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock valued at $140,619,000 after acquiring an additional 994,800 shares during the period. Raymond James Financial Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter worth approximately $84,168,000. Commonwealth Equity Services LLC boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 3.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,434,537 shares of the company’s stock worth $57,970,000 after acquiring an additional 47,599 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Global X U.S. Infrastructure Development ETF by 3.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock valued at $44,735,000 after purchasing an additional 32,939 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 5.1 %

BATS:PAVE opened at $39.34 on Wednesday. The stock has a 50 day simple moving average of $40.76 and a 200 day simple moving average of $41.61. The stock has a market cap of $8.09 billion, a P/E ratio of 21.38 and a beta of 1.27. Global X U.S. Infrastructure Development ETF has a 1-year low of $35.72 and a 1-year high of $46.18.

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 given a $0.1394 dividend. The ex-dividend date was Monday, December 30th.

Global X U.S. Infrastructure Development ETF 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.