Goldstein Advisors LLC Purchases Shares of 161,072 Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Goldstein Advisors LLC purchased a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 161,072 shares of the company’s stock, valued at approximately $6,630,000. Global X U.S. Infrastructure Development ETF comprises 1.0% of Goldstein Advisors LLC’s portfolio, making the stock its 18th largest position. Goldstein Advisors LLC owned approximately 0.08% of Global X U.S. Infrastructure Development ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 15.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 47,068 shares of the company’s stock worth $1,937,000 after acquiring an additional 6,358 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in Global X U.S. Infrastructure Development ETF by 31.4% in the third quarter. Arkadios Wealth Advisors now owns 20,136 shares of the company’s stock worth $829,000 after acquiring an additional 4,815 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 8.3% in the third quarter. NorthCrest Asset Manangement LLC now owns 73,952 shares of the company’s stock worth $3,044,000 after acquiring an additional 5,639 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X U.S. Infrastructure Development ETF by 30.0% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,073,601 shares of the company’s stock worth $44,007,000 after acquiring an additional 247,941 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 8.4% in the third quarter. Private Advisor Group LLC now owns 252,919 shares of the company’s stock worth $10,410,000 after acquiring an additional 19,666 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Trading Down 0.6 %

PAVE stock opened at $41.21 on Friday. Global X U.S. Infrastructure Development ETF has a twelve month low of $13.80 and a twelve month high of $17.80. The company’s 50 day moving average is $40.00 and its two-hundred day moving average is $38.72. The stock has a market cap of $7.89 billion, a P/E ratio of 20.28 and a beta of 1.13.

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.