Harel Insurance Investments & Financial Services Ltd. Has $454.15 Million Stock Holdings in Global X U.S. Infrastructure Development ETF $PAVE

Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 43.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,938,139 shares of the company’s stock after acquiring an additional 2,699,000 shares during the period. Global X U.S. Infrastructure Development ETF accounts for 3.1% of Harel Insurance Investments & Financial Services Ltd.’s holdings, making the stock its 9th biggest position. Harel Insurance Investments & Financial Services Ltd.’s holdings in Global X U.S. Infrastructure Development ETF were worth $454,147,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Sigma Planning Corp increased its holdings in shares of Global X U.S. Infrastructure Development ETF by 1.3% in the first quarter. Sigma Planning Corp now owns 31,724 shares of the company’s stock valued at $1,612,000 after purchasing an additional 402 shares during the last quarter. Conservest Capital Advisors Inc. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 230.5% during the 1st quarter. Conservest Capital Advisors Inc. now owns 40,658 shares of the company’s stock worth $2,066,000 after buying an additional 28,357 shares during the last quarter. Avantax Planning Partners Inc. lifted its stake in shares of Global X U.S. Infrastructure Development ETF by 21.2% during the 1st quarter. Avantax Planning Partners Inc. now owns 5,437 shares of the company’s stock worth $276,000 after buying an additional 951 shares during the last quarter. NWF Advisory Services Inc. bought a new stake in shares of Global X U.S. Infrastructure Development ETF during the 1st quarter worth about $206,000. Finally, Principal Financial Group Inc. boosted its holdings in shares of Global X U.S. Infrastructure Development ETF by 46.0% during the 1st quarter. Principal Financial Group Inc. now owns 1,567,475 shares of the company’s stock worth $79,643,000 after buying an additional 494,075 shares during the period.

Global X U.S. Infrastructure Development ETF Stock Performance

Shares of PAVE opened at $56.71 on Wednesday. The firm has a market cap of $11.20 billion, a P/E ratio of 23.34 and a beta of 1.24. Global X U.S. Infrastructure Development ETF has a 52 week low of $43.87 and a 52 week high of $60.43. The firm’s 50-day simple moving average is $56.95 and its 200 day simple moving average is $54.05.

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.