Thrivent Financial for Lutherans Has $9.19 Million Holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE)

Thrivent Financial for Lutherans trimmed its position in shares of Global X U.S. Infrastructure Development ETF (BATS:PAVE) by 40.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 223,208 shares of the company’s stock after selling 154,268 shares during the period. Thrivent Financial for Lutherans owned 0.12% of Global X U.S. Infrastructure Development ETF worth $9,188,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can increased its stake in shares of Global X U.S. Infrastructure Development ETF by 11.0% during the 2nd quarter. Bank of Montreal Can now owns 19,491,116 shares of the company’s stock worth $726,044,000 after purchasing an additional 1,928,517 shares during the last quarter. Cetera Investment Advisers increased its position in Global X U.S. Infrastructure Development ETF by 325.0% during the first quarter. Cetera Investment Advisers now owns 922,494 shares of the company’s stock worth $36,724,000 after buying an additional 705,438 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in Global X U.S. Infrastructure Development ETF by 1,243.3% in the third quarter. Axxcess Wealth Management LLC now owns 678,063 shares of the company’s stock valued at $27,909,000 after buying an additional 627,585 shares during the period. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management lifted its position in shares of Global X U.S. Infrastructure Development ETF by 84.5% in the second quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 939,000 shares of the company’s stock valued at $34,761,000 after buying an additional 430,000 shares during the last quarter. Finally, Evergreen Capital Management LLC bought a new position in shares of Global X U.S. Infrastructure Development ETF during the 2nd quarter worth approximately $15,437,000.

Global X U.S. Infrastructure Development ETF Trading Up 1.7 %

PAVE stock opened at $44.81 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 business’s 50 day simple moving average is $41.96 and its 200 day simple moving average is $39.44. The firm has a market capitalization of $8.58 billion, a PE ratio of 20.28 and a beta of 1.13.

Global X U.S. Infrastructure Development ETF Company 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.