Darwin Wealth Management LLC Invests $68,000 in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Darwin Wealth Management LLC purchased a new position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,659 shares of the company’s stock, valued at approximately $68,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 19,739 shares of the company’s stock worth $812,000 after acquiring an additional 422 shares during the period. Raymond James & Associates lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 64.3% during the 3rd quarter. Raymond James & Associates now owns 781,038 shares of the company’s stock worth $32,148,000 after acquiring an additional 305,548 shares during the period. Granite Bay Wealth Management LLC bought a new position in Global X U.S. Infrastructure Development ETF in the 2nd quarter valued at approximately $3,081,000. Comerica Bank lifted its stake in Global X U.S. Infrastructure Development ETF by 10.4% in the 1st quarter. Comerica Bank now owns 38,523 shares of the company’s stock valued at $1,534,000 after purchasing an additional 3,619 shares during the last quarter. Finally, HBW Advisory Services LLC lifted its stake in Global X U.S. Infrastructure Development ETF by 132.0% in the 3rd quarter. HBW Advisory Services LLC now owns 362,258 shares of the company’s stock valued at $14,911,000 after purchasing an additional 206,101 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS:PAVE opened at $44.02 on Thursday. The company has a market cap of $8.43 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The firm has a 50 day simple moving average of $41.83 and a 200 day simple moving average of $39.41. Global X U.S. Infrastructure Development ETF has a one year low of $13.80 and a one year 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.