|Bid||0.00 x 1000|
|Ask||0.00 x 1800|
|Day's Range||51.14 - 51.29|
|52 Week Range||41.93 - 51.92|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.72|
|Expense Ratio (net)||0.47%|
Investors can consider an infrastructure sector-specific exchange traded fund as an alternative investment to diversify away from risks associated with traditional stocks and bonds. "We're bullish on infrastructure," Christopher Huemmer, vice president and senior investment strategist for FlexShares Exchange Traded Funds, told ETF Trends in a call. Huemmer pointed out that the Organisation for Economic Co-operation and Development is calling for $70 trillion needed in infrastructure spending around the world, but governments have only earmarked $45 trillion, leaving a gap of around $25 trillion that is not going to be covered.
Wall Street should start April on a solid note though pockets of volatility will remain. Against this backdrop, investors can pick these ETFs.
In O’Donnell’s new role, he will be responsible for developing business strategies that cater to the firm’s ETF, mutual fund, and multi-asset class investment solutions, as well as business intelligence, to optimize its service model for both intermediary and institutional investors. O’Donnell’s 20-plus years of experience includes a stretch at BlackRock, where he was Head of Americas Cash & Liquidity Sales and Distribution. In his role at BlackRock, O’Donnell oversaw a team responsible for the firm’s global liquidity business across all client channels.
Money managers are betting on the ongoing need to upgrade and expand the world's infrastructure to accommodate the growing global economy and rising population. Exchange traded fund investors can also tap into this industry through infrastructure sector-specific strategies. Private-equity firms have raised a record $68.2 billion for infrastructure investing for the first three quarters of the year, up 18% over the same period last year and surpassing the $66.2 billion for all of 2016, the Wall Street Journal reports.