Destiny Wealth Partners LLC Invests $227,000 in Global X U.S. Infrastructure Development ETF $PAVE

Destiny Wealth Partners LLC acquired a new stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,219 shares of the company’s stock, valued at approximately $227,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jacobi Capital Management LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 2.4% during the 1st quarter. Jacobi Capital Management LLC now owns 10,897 shares of the company’s stock worth $411,000 after purchasing an additional 256 shares during the period. International Assets Investment Management LLC increased its stake in Global X U.S. Infrastructure Development ETF by 3.6% in the first quarter. International Assets Investment Management LLC now owns 7,682 shares of the company’s stock valued at $290,000 after purchasing an additional 267 shares during the last quarter. IFG Advisory LLC lifted its position in Global X U.S. Infrastructure Development ETF by 3.4% during the first quarter. IFG Advisory LLC now owns 8,287 shares of the company’s stock worth $313,000 after buying an additional 274 shares during the period. Choreo LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 1.6% in the 1st quarter. Choreo LLC now owns 18,317 shares of the company’s stock worth $691,000 after buying an additional 281 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its stake in Global X U.S. Infrastructure Development ETF by 4.7% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 6,950 shares of the company’s stock worth $262,000 after buying an additional 313 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

BATS PAVE opened at $46.40 on Friday. The company has a market cap of $9.17 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 12 month low of $32.65 and a 12 month high of $46.26. The company has a 50-day moving average of $46.28 and a 200-day moving average of $42.32.

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.