Harel Insurance Investments & Financial Services Ltd. Has $198.43 Million Stake in Global X U.S. Infrastructure Development ETF $PAVE

Harel Insurance Investments & Financial Services Ltd. lessened its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 33.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,544,694 shares of the company’s stock after selling 2,290,000 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up approximately 2.3% of Harel Insurance Investments & Financial Services Ltd.’s investment portfolio, making the stock its 9th largest position. Harel Insurance Investments & Financial Services Ltd. owned approximately 2.30% of Global X U.S. Infrastructure Development ETF worth $198,434,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Private Wealth Asset Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $32,000. Global Trust Asset Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the 2nd quarter valued at $35,000. Elevation Wealth Partners LLC bought a new position in Global X U.S. Infrastructure Development ETF during the second quarter worth $52,000. Trust Co. of Toledo NA OH bought a new position in Global X U.S. Infrastructure Development ETF during the second quarter worth $53,000. Finally, GAMMA Investing LLC acquired a new position in shares of Global X U.S. Infrastructure Development ETF in the second quarter valued at $71,000.

Global X U.S. Infrastructure Development ETF Price Performance

Shares of PAVE opened at $48.29 on Friday. The company’s 50-day moving average is $47.19 and its 200-day moving average is $44.33. The firm has a market capitalization of $9.54 billion, a PE ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a fifty-two week low of $32.65 and a fifty-two week high of $46.26.

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.