Global X US Infrastructure Development ETF

PAVE

Market cap $12.2B

PAVE: Old Economy Paving The Way For Growth

Launched on March 6, 2017, the Global X U.S. Infrastructure Development ETF (PAVE) is a passively managed exchange traded fund designed to provide a broad exposure to the Utilities - Infrastructure segment of the equity market.

Q4 revenue growth looks strong across construction, tech, aerospace, finance & utilities. Play the trend via PAVE, XLK, ITA, VFH & XLU.

The Global X U.S. Infrastructure Development ETF remains a "Buy," supported by bullish technicals and a solid valuation. Momentum is robust, with a B+ ETF Grade and a bullish $59 price target based on technical patterns. PAVE's portfolio is concentrated in Industrials and Materials, making it highly sensitive to U.S. GDP growth expectations.

The Global X U.S. Infrastructure Development ETF (PAVE) was launched on March 6, 2017, and is a passively managed exchange traded fund designed to offer broad exposure to the Utilities - Infrastructure segment of the equity market.

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Launched on March 6, 2017, the Global X U.S. Infrastructure Development ETF (PAVE) is a passively managed exchange traded fund designed to provide a broad exposure to the Utilities - Infrastructure segment of the equity market.

Global X U.S. Infrastructure Development ETF offers targeted exposure to U.S. infrastructure, benefiting from major secular trends and government spending. PAVE has outperformed broader markets long-term, gaining 186% over five years, despite slight recent underperformance versus the S&P 500. Compared to peers, PAVE provides purer infrastructure exposure, better diversification, and has outpaced the Industrial Select Sector SPDR Fund since inception.

Designed to provide broad exposure to the Utilities - Infrastructure segment of the equity market, the Global X U.S. Infrastructure Development ETF (PAVE) is a passively managed exchange traded fund launched on 03/06/2017.