Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Has $27.58 Million Stake in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management boosted its holdings in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 2.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 731,000 shares of the company’s stock after purchasing an additional 20,000 shares during the period. Global X U.S. Infrastructure Development ETF comprises 4.6% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s portfolio, making the stock its 7th biggest holding. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management owned about 0.37% of Global X U.S. Infrastructure Development ETF worth $27,581,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bank of Montreal Can raised its stake in shares of Global X U.S. Infrastructure Development ETF by 10.7% in the fourth quarter. Bank of Montreal Can now owns 22,235,543 shares of the company’s stock valued at $898,538,000 after acquiring an additional 2,158,009 shares during the last quarter. LPL Financial LLC grew its holdings in Global X U.S. Infrastructure Development ETF by 21.3% during the 4th quarter. LPL Financial LLC now owns 6,776,463 shares of the company’s stock worth $273,837,000 after acquiring an additional 1,191,666 shares during the period. JPMorgan Chase & Co. raised its position in shares of Global X U.S. Infrastructure Development ETF by 752.6% during the 4th quarter. JPMorgan Chase & Co. now owns 5,604,605 shares of the company’s stock valued at $226,482,000 after acquiring an additional 4,947,263 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Global X U.S. Infrastructure Development ETF by 7.5% during the 1st quarter. Principal Financial Group Inc. now owns 3,740,600 shares of the company’s stock valued at $141,133,000 after acquiring an additional 260,800 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in shares of Global X U.S. Infrastructure Development ETF by 6.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 3,215,095 shares of the company’s stock valued at $130,565,000 after acquiring an additional 181,546 shares during the last quarter.

Global X U.S. Infrastructure Development ETF Stock Up 9.9%

Shares of PAVE stock opened at $45.57 on Friday. Global X U.S. Infrastructure Development ETF has a 12-month low of $32.65 and a 12-month high of $46.18. The firm has a market capitalization of $9.00 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. The firm has a fifty day moving average of $42.80 and a 200-day moving average of $40.61.

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.