Transamerica Financial Advisors Inc. Has $2.67 Million Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Transamerica Financial Advisors Inc. lowered its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 41.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 64,965 shares of the company’s stock after selling 46,930 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Global X U.S. Infrastructure Development ETF were worth $2,674,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Bank of Montreal Can lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 11.0% during the second quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock worth $726,044,000 after purchasing an additional 1,928,517 shares during the period. Cetera Investment Advisers lifted its holdings in Global X U.S. Infrastructure Development ETF by 325.0% during the 1st quarter. Cetera Investment Advisers now owns 922,494 shares of the company’s stock worth $36,724,000 after buying an additional 705,438 shares during the period. Axxcess Wealth Management LLC grew its position in shares of Global X U.S. Infrastructure Development ETF by 1,243.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock valued at $27,909,000 after buying an additional 627,585 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management increased its stake in shares of Global X U.S. Infrastructure Development ETF by 84.5% in the second quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock valued at $34,761,000 after buying an additional 430,000 shares during the period. Finally, Evergreen Capital Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the second quarter worth about $15,437,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of Global X U.S. Infrastructure Development ETF stock traded up $0.57 during midday trading on Tuesday, reaching $45.95. The company had a trading volume of 2,109,647 shares. The firm has a market cap of $8.80 billion, a PE ratio of 20.28 and a beta of 1.13. The stock has a fifty day moving average price of $42.23 and a 200 day moving average price of $39.55. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $13.80 and a fifty-two week high of $17.80.

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.