Clal Insurance Enterprises Holdings Ltd Has $89.60 Million Stock Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Clal Insurance Enterprises Holdings Ltd cut its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 24.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,871,750 shares of the company’s stock after selling 622,000 shares during the quarter. Clal Insurance Enterprises Holdings Ltd’s holdings in Global X U.S. Infrastructure Development ETF were worth $89,598,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the second quarter valued at approximately $25,000. eCIO Inc. acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $33,000. Millstone Evans Group LLC acquired a new stake in Global X U.S. Infrastructure Development ETF during the fourth quarter valued at approximately $33,000. Finally, JNBA Financial Advisors boosted its holdings in Global X U.S. Infrastructure Development ETF by 40.4% during the fourth quarter. JNBA Financial Advisors now owns 712 shares of the company’s stock valued at $34,000 after purchasing an additional 205 shares in the last quarter.

Global X U.S. Infrastructure Development ETF Trading Up 1.0%

BATS PAVE opened at $57.76 on Friday. The stock’s 50 day moving average is $55.54 and its two-hundred day moving average is $52.58. The company has a market capitalization of $11.41 billion, a price-to-earnings ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 1-year low of $41.65 and a 1-year high of $58.55.

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. PAVE was launched on Mar 6, 2017 and is managed by Global X.