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

Clal Insurance Enterprises Holdings Ltd raised its stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 24.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 makes up approximately 2.7% of Clal Insurance Enterprises Holdings Ltd’s holdings, making the stock its 10th largest holding. Clal Insurance Enterprises Holdings Ltd owned about 3.87% of Global X U.S. Infrastructure Development ETF worth $300,890,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of PAVE. Bank of Montreal Can increased its stake in Global X U.S. Infrastructure Development ETF by 3.0% in the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after purchasing an additional 586,418 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Global X U.S. Infrastructure Development ETF by 40.0% during the 4th quarter. Principal Financial Group Inc. now owns 3,479,800 shares of the company’s stock worth $140,619,000 after buying an additional 994,800 shares during the last quarter. First Interstate Bank boosted its position in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the 3rd quarter. First Interstate Bank now owns 1,109,398 shares of the company’s stock worth $45,663,000 after buying an additional 357,771 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Global X U.S. Infrastructure Development ETF by 3.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,106,540 shares of the company’s stock worth $44,735,000 after buying an additional 32,939 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC grew its stake in Global X U.S. Infrastructure Development ETF by 1.0% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 975,698 shares of the company’s stock valued at $39,536,000 after acquiring an additional 10,056 shares during the last quarter.

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

Shares of PAVE opened at $40.20 on Friday. Global X U.S. Infrastructure Development ETF has a 12-month low of $13.80 and a 12-month high of $17.80. The stock has a market cap of $8.43 billion, a P/E ratio of 23.20 and a beta of 1.25. The company has a 50-day moving average of $41.51 and a two-hundred day moving average of $41.57.

Global X U.S. Infrastructure Development ETF Dividend Announcement

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

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.