Global X US Infrastructure Development ETF
PAVE

$40.47

0.66%

Market Cap: $8.23B

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

32% more repeat investments, than reductions

Existing positions increased: 196 | Existing positions reduced: 148

2% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 63

0% more funds holding

Funds holding: 511 [Q1] → 512 (+1) [Q2]

2% less capital invested

Capital invested by funds: $4.88B [Q1] → $4.79B (-$89M) [Q2]

2.36% less ownership

Funds ownership: 67.21% [Q1] → 64.85% (-2.36%) [Q2]

23% less funds holding in top 10

Funds holding in top 10: 22 [Q1] → 17 (-5) [Q2]

35% less call options, than puts

Call options by funds: $296K | Put options by funds: $452K

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Research analyst outlook

We haven’t received any recent analyst ratings for PAVE.

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Financial journalist opinion

Based on 7 articles about PAVE published over the past 30 days

Highlights From the Q4 2024 Equity Symposium

Throughout 2024, equities have mainly demonstrated strong performance. They've inspired investors to bolster their equity exposure through a variety of ETF products.

Highlights From the Q4 2024 Equity Symposium

Positioning Equity Portfolios for Q4

I know many people have not looked at their portfolios or portfolio statements since the beginning of the summer (or perhaps longer). Upon review they might see the iShares S&P 500 Growth (IVW) was up approximately 25% for the year as of mid-September.

Positioning Equity Portfolios for Q4

PAVE: Time To Hit The Brakes

The Global X U.S. Infrastructure Development ETF has outperformed in recent years due to a favorable macroeconomic backdrop. I believe several of the sectors' tailwinds are now set to reverse. Despite recent alpha generation, PAVE's long-term performance is in-line with the overall S&P 500, suggesting possible mean reversion and limited upside.

PAVE: Time To Hit The Brakes

PAVE: U.S. Infrastructure Stocks Have Potential, But With Risks To Longer-Term Valuations

PAVE ETF invests in U.S. infrastructure-related companies, benefiting from government spending and long-term infrastructure needs, with a 0.47% expense ratio and $7.88 billion AUM. The ETF has a projected 10.43% earnings growth rate, but I conservatively estimate 7.8-9.7%, suggesting a 9.41% annual return. PAVE's valuation is decent but not compelling due to election uncertainty and potential longer-term overvaluation, with a current P/E ratio of 20.93x which might not hold.

PAVE: U.S. Infrastructure Stocks Have Potential, But With Risks To Longer-Term Valuations

This or That: ETF Themes Edition

You have probably seen This or That games across social media. This is a just-for-fun version for ETF fans that covers some of the biggest themes among equity ETFs.

This or That: ETF Themes Edition

Positioning Ahead of the Fed: ETFs for a Lower Rate Era

The first cut is the deepest — so they say. As with all complicated relationships, this mantra may certainly ring true for the Federal Reserve and the markets — at least from a psychological standpoint.

Positioning Ahead of the Fed: ETFs for a Lower Rate Era

Zacks Investment Research

Should You Invest in the Global X U.S. Infrastructure Development ETF (PAVE)?

Launched on 03/06/2017, 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.

Should You Invest in the Global X U.S. Infrastructure Development ETF (PAVE)?

Bipartisan Common Ground Could Create Investment Opportunities

It's been a rocky August so far for U.S. investors. They have been yet again reminded markets don't only move in one direction.

Bipartisan Common Ground Could Create Investment Opportunities

Zacks Investment Research

5 ETF Strategies to Follow Amid the Current Market Turmoil

A defensive investment minimizes risk and protects your portfolio during market downturns. It involves investing in stable, low-volatility stocks that have a history of consistent performance, even during economic downturns.

5 ETF Strategies to Follow Amid the Current Market Turmoil

The Top 3 Infrastructure Stocks to Buy Now: Summer 2024

The U.S. desperately needs better infrastructure, which, if addressed soon, could create a massive boom in infrastructure stocks. Right now, we're in bad shape.

The Top 3 Infrastructure Stocks to Buy Now: Summer 2024

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