GoalVest Advisory LLC Purchases 70,233 Shares of Global X U.S. Infrastructure Development ETF $PAVE

GoalVest Advisory LLC grew its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 1,369.1% during the third quarter, Holdings Channel reports. The firm owned 75,363 shares of the company’s stock after purchasing an additional 70,233 shares during the period. GoalVest Advisory LLC’s holdings in Global X U.S. Infrastructure Development ETF were worth $3,957,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Petra Financial Advisors Inc. bought a new position in Global X U.S. Infrastructure Development ETF in the 1st quarter worth about $461,000. TD Waterhouse Canada Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 57.7% during the second quarter. TD Waterhouse Canada Inc. now owns 28,311 shares of the company’s stock worth $1,668,000 after acquiring an additional 10,356 shares in the last quarter. VectorGlobal IAG Inc. bought a new stake in Global X U.S. Infrastructure Development ETF in the first quarter worth $1,489,000. Cetera Investment Advisers lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 31.7% in the 1st quarter. Cetera Investment Advisers now owns 1,297,545 shares of the company’s stock valued at $65,928,000 after acquiring an additional 312,076 shares during the last quarter. Finally, Capital Advantage Inc. lifted its position in Global X U.S. Infrastructure Development ETF by 8.4% in the second quarter. Capital Advantage Inc. now owns 128,370 shares of the company’s stock valued at $7,564,000 after purchasing an additional 9,927 shares during the last quarter.

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

Shares of Global X U.S. Infrastructure Development ETF stock traded up $0.87 during trading on Friday, reaching $53.91. 682,480 shares of the stock were exchanged, compared to its average volume of 1,719,474. Global X U.S. Infrastructure Development ETF has a 1 year low of $45.44 and a 1 year high of $60.43. The stock’s fifty day moving average is $55.50 and its 200 day moving average is $55.46. The firm has a market cap of $10.65 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.