Meitav Investment House Ltd. Has $87.35 Million Stock Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Meitav Investment House Ltd. cut its stake in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 18.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,159,366 shares of the company’s stock after selling 500,000 shares during the quarter. Global X U.S. Infrastructure Development ETF makes up 1.5% of Meitav Investment House Ltd.’s portfolio, making the stock its 21st largest holding. Meitav Investment House Ltd. owned about 1.13% of Global X U.S. Infrastructure Development ETF worth $87,346,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at about $28,000. Hanson & Doremus Investment Management acquired a new stake in shares of Global X U.S. Infrastructure Development ETF during the fourth quarter worth $28,000. Key Financial Inc lifted its holdings in shares of Global X U.S. Infrastructure Development ETF by 613.2% in the fourth quarter. Key Financial Inc now owns 756 shares of the company’s stock valued at $31,000 after purchasing an additional 650 shares in the last quarter. Trivant Custom Portfolio Group LLC acquired a new position in Global X U.S. Infrastructure Development ETF during the 4th quarter worth approximately $32,000. Finally, Synergy Asset Management LLC bought a new position in Global X U.S. Infrastructure Development ETF in the fourth quarter valued at $38,000.

Global X U.S. Infrastructure Development ETF Trading Up 1.5 %

BATS:PAVE opened at $42.06 on Thursday. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The stock has a market capitalization of $8.06 billion, a PE ratio of 20.28 and a beta of 1.13. The firm has a fifty day simple moving average of $41.83 and a 200 day simple moving average of $41.40.

Global X U.S. Infrastructure Development ETF Dividend Announcement

The business also recently disclosed 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 of this dividend was Monday, December 30th.

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.