Invenio Wealth Partners LLC Purchases New Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Invenio Wealth Partners LLC purchased a new position in Global X U.S. Infrastructure Development ETF (BATS:PAVE) in the 3rd quarter, HoldingsChannel reports. The fund purchased 28,264 shares of the company’s stock, valued at approximately $1,484,000. Global X U.S. Infrastructure Development ETF comprises approximately 0.5% of Invenio Wealth Partners LLC’s holdings, making the stock its 29th biggest position.

Other institutional investors have also modified their holdings of the company. Washington Growth Strategies LLC raised its stake in shares of Global X U.S. Infrastructure Development ETF by 1.4% in the third quarter. Washington Growth Strategies LLC now owns 127,695 shares of the company’s stock valued at $6,704,000 after acquiring an additional 1,727 shares in the last quarter. New England Private Wealth Advisors LLC boosted its holdings in Global X U.S. Infrastructure Development ETF by 0.8% in the third quarter. New England Private Wealth Advisors LLC now owns 222,445 shares of the company’s stock valued at $11,678,000 after purchasing an additional 1,862 shares during the period. Teamwork Financial Advisors LLC grew its stake in Global X U.S. Infrastructure Development ETF by 1.0% during the 3rd quarter. Teamwork Financial Advisors LLC now owns 407,101 shares of the company’s stock worth $21,373,000 after purchasing an additional 4,096 shares in the last quarter. SteelPeak Wealth LLC grew its stake in Global X U.S. Infrastructure Development ETF by 30.8% during the 3rd quarter. SteelPeak Wealth LLC now owns 21,984 shares of the company’s stock worth $1,154,000 after purchasing an additional 5,173 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC grew its stake in Global X U.S. Infrastructure Development ETF by 1.8% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 248,931 shares of the company’s stock worth $13,069,000 after purchasing an additional 4,507 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of BATS PAVE opened at $52.77 on Tuesday. The stock’s 50-day moving average is $54.53 and its two-hundred day moving average is $55.72. Global X U.S. Infrastructure Development ETF has a 1-year low of $45.44 and a 1-year high of $60.43. The company has a market cap of $10.43 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.