Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Reduces Stock Position in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management trimmed its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 24.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 711,000 shares of the company’s stock after selling 228,000 shares during the period. Global X U.S. Infrastructure Development ETF comprises 4.7% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s portfolio, making the stock its 8th biggest holding. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s holdings in Global X U.S. Infrastructure Development ETF were worth $28,732,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Bank of Montreal Can lifted its position in shares of Global X U.S. Infrastructure Development ETF by 3.0% during the 3rd quarter. Bank of Montreal Can now owns 20,077,534 shares of the company’s stock valued at $822,978,000 after acquiring an additional 586,418 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Global X U.S. Infrastructure Development ETF by 14.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,610,146 shares of the company’s stock worth $59,608,000 after purchasing an additional 198,255 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Global X U.S. Infrastructure Development ETF by 19.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,386,938 shares of the company’s stock valued at $57,086,000 after purchasing an additional 229,948 shares during the period. First Interstate Bank boosted its position in shares of Global X U.S. Infrastructure Development ETF by 47.6% in the third 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 during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X U.S. Infrastructure Development ETF by 30.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,073,601 shares of the company’s stock valued at $44,007,000 after buying an additional 247,941 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 5.6 %

BATS:PAVE opened at $43.78 on Friday. Global X U.S. Infrastructure Development ETF has a 1-year low of $13.80 and a 1-year high of $17.80. The firm has a market capitalization of $8.39 billion, a price-to-earnings ratio of 20.28 and a beta of 1.13. The business’s fifty day moving average price is $42.87 and its 200 day moving average price is $40.89.

Global X U.S. Infrastructure Development ETF Announces Dividend

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