Principal Financial Group’s Global X US Infrastructure Development ETF PAVE Stock Holding History

Principal Financial Group’s Portfolio PAVE Stock Details PAVE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$137M	Buy	2,326,475 +759,000	+48%	+$42.6M	0.07%	238
2026 Q1	$79.6M	Buy	1,567,475 +494,075	+46%	+$25.7M	0.04%	350
2025 Q4	$51.3M	Hold	1,073,400	–	–	0.03%	457
2025 Q3	$51.1M	Hold	1,073,400	–	–	0.03%	460
2025 Q2	$46.8M	Sell	1,073,400 -2,667,200	-71%	-$107M	0.02%	473
2025 Q1	$141M	Buy	3,740,600 +260,800	+7%	+$10.6M	0.08%	216
2024 Q4	$141M	Buy	3,479,800 +994,800	+40%	+$42.6M	0.08%	222
2024 Q3	$102M	Sell	2,485,000 -105,000	-4%	-$4.04M	0.06%	280
2024 Q2	$95.9M	Hold	2,590,000	–	–	0.06%	271
2024 Q1	$103M	Buy	+2,590,000	New	+$93.8M	0.06%	273

Other funds holding PAVE

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

HIIFS

Harel Insurance Investments & Financial Services Ramat Gan, Israel $20.6B AUM 59.59% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

CBU

CIBC Bancorp USA Chicago, Illinois $82.3B AUM

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Focus Partners Wealth Boston, Massachusetts $97.6B AUM 29.43% 1-Year Est. Return

Principal Financial Group's PAVE Position: Q2 2026 in Review

Principal Financial Group increased its Global X US Infrastructure Development ETF (PAVE) stake by 48% in Q2 2026, buying an estimated $42.6M and bringing the position to 2,326,475 shares worth $137M. The position accounts for 0.07% of the portfolio, ranked #238.

Principal Financial Group first reported a position in PAVE in Q1 2024 and has held it in 10 quarters since. The position peaked at $141M in Q1 2025. 819 funds tracked by Wall St. Rank hold PAVE as of Q2 2026.

Principal Financial Group held 2,326,475 shares of Global X US Infrastructure Development ETF worth $137M as of Q2 2026.
Principal Financial Group bought 759,000 Global X US Infrastructure Development ETF shares in Q2 2026, an estimated $42.6M.
Global X US Infrastructure Development ETF made up 0.07% of Principal Financial Group's portfolio in Q2 2026, its #238 holding.
Principal Financial Group first reported a position in Global X US Infrastructure Development ETF in Q1 2024 and has held it in 10 quarters since.
Principal Financial Group's Global X US Infrastructure Development ETF position peaked at $141M in Q1 2025.
819 funds tracked by Wall St. Rank held Global X US Infrastructure Development ETF as of Q2 2026.

Based on Principal Financial Group's 13F filing for Q2 2026, filed 4 Aug 2026.