Bank of Nova Scotia Sells 8,215 Shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Bank of Nova Scotia cut its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE – Get Rating) by 10.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,030 shares of the company’s stock after selling 8,215 shares during the quarter. Bank of Nova Scotia’s holdings in Global X U.S. Infrastructure Development ETF were worth $1,857,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Prudential PLC grew its stake in shares of Global X U.S. Infrastructure Development ETF by 0.4% in the 4th quarter. Prudential PLC now owns 87,490 shares of the company’s stock worth $2,318,000 after buying an additional 350 shares during the last quarter. WealthBridge Capital Management LLC increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.0% during the fourth quarter. WealthBridge Capital Management LLC now owns 18,453 shares of the company’s stock valued at $489,000 after acquiring an additional 365 shares in the last quarter. Private Trust Co. NA raised its position in shares of Global X U.S. Infrastructure Development ETF by 3.8% in the 4th quarter. Private Trust Co. NA now owns 10,291 shares of the company’s stock worth $273,000 after purchasing an additional 378 shares during the last quarter. Signaturefd LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 49.4% in the 4th quarter. Signaturefd LLC now owns 1,210 shares of the company’s stock worth $32,000 after purchasing an additional 400 shares in the last quarter. Finally, Northern Trust Corp grew its position in Global X U.S. Infrastructure Development ETF by 1.3% during the 2nd quarter. Northern Trust Corp now owns 32,267 shares of the company’s stock valued at $735,000 after purchasing an additional 401 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of Global X U.S. Infrastructure Development ETF stock opened at $28.11 on Monday. The company has a 50-day simple moving average of $27.51 and a two-hundred day simple moving average of $27.77. Global X U.S. Infrastructure Development ETF has a 52-week low of $13.80 and a 52-week high of $17.80. The stock has a market capitalization of $4.03 billion, a PE ratio of 10.90 and a beta of 1.27.

About Global X U.S. Infrastructure Development ETF

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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.