Global X U.S. Infrastructure Development ETF (BATS:PAVE) Position Boosted by Clal Insurance Enterprises Holdings Ltd

Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 24.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 7,418,750 shares of the company’s stock after buying an additional 1,464,000 shares during the period. Global X U.S. Infrastructure Development ETF accounts for approximately 2.7% of Clal Insurance Enterprises Holdings Ltd’s portfolio, making the stock its 10th largest holding. Clal Insurance Enterprises Holdings Ltd’s holdings in Global X U.S. Infrastructure Development ETF were worth $300,890,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of PAVE. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 15.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 47,068 shares of the company’s stock valued at $1,937,000 after buying an additional 6,358 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 302.3% during the third quarter. Farther Finance Advisors LLC now owns 34,201 shares of the company’s stock valued at $1,408,000 after buying an additional 25,699 shares during the period. First Interstate Bank raised its stake in Global X U.S. Infrastructure Development ETF by 47.6% during the third quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after purchasing an additional 357,771 shares during the period. Realta Investment Advisors raised its stake in Global X U.S. Infrastructure Development ETF by 275.1% during the third quarter. Realta Investment Advisors now owns 13,821 shares of the company’s stock worth $583,000 after purchasing an additional 10,136 shares during the period. Finally, Princeton Global Asset Management LLC raised its stake in Global X U.S. Infrastructure Development ETF by 138.7% during the third quarter. Princeton Global Asset Management LLC now owns 35,769 shares of the company’s stock worth $1,472,000 after purchasing an additional 20,787 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Down 3.0 %

BATS:PAVE opened at $40.20 on Friday. The company has a market cap of $8.43 billion, a P/E ratio of 23.20 and a beta of 1.25. 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. The firm’s 50 day moving average is $41.51 and its two-hundred day moving average is $41.57.

Global X U.S. Infrastructure Development ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.1394 per share. The ex-dividend date of this dividend was Monday, December 30th.

Global X U.S. Infrastructure Development ETF Company 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.