Darwin Wealth Management LLC Purchases New Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

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

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Howe & Rusling Inc. acquired a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $39,000. Strategy Asset Managers LLC acquired a new position in Global X U.S. Infrastructure Development ETF in the 3rd quarter valued at about $1,632,000. Avior Wealth Management LLC grew its stake in Global X U.S. Infrastructure Development ETF by 3.9% in the 3rd quarter. Avior Wealth Management LLC now owns 6,848 shares of the company’s stock valued at $282,000 after buying an additional 254 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Global X U.S. Infrastructure Development ETF by 367.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 47,518 shares of the company’s stock valued at $1,956,000 after purchasing an additional 37,344 shares during the period. Finally, Caprock Group LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 42.9% in the 3rd quarter. Caprock Group LLC now owns 16,715 shares of the company’s stock valued at $688,000 after purchasing an additional 5,022 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 0.1 %

BATS PAVE opened at $44.02 on Thursday. The company has a market capitalization of $8.43 billion, a P/E ratio of 20.28 and a beta of 1.13. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The firm has a 50-day moving average price of $41.83 and a two-hundred day moving average price of $39.41.

Global X U.S. Infrastructure Development ETF Profile

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.