Global X Management Increases Stake in Titan Machinery Inc. to 10.16%
On June 5, 2026, Global X Management Company LLC (GXMC) filed a Schedule 13G/A (Amendment No. 2) regarding its holdings in Titan Machinery Inc. (TITN). The filing indicates that as of May 31, 2026, Global X has increased its ownership to 2,368,361 shares of common stock, representing 10.16% of the company. This is an increase from its previous reported position of 2,240,134 shares, which represented 9.59% of the class. The investment adviser reported sole voting and dispositive power over all 2,368,361 shares. Notably, the filing mentions that the Global X U.S. Infrastructure Development ETF holds an interest relating to more than 5 percent of the class of securities. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. GXMC is a Delaware limited liability company based in New York.