|Bid||17.78 x 1000|
|Ask||17.82 x 1000|
|Day's Range||17.71 - 17.91|
|52 Week Range||14.70 - 17.99|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||0.51%|
|Beta (5Y Monthly)||N/A|
|Expense Ratio (net)||0.47%|
NEW YORK , July 10, 2019 /PRNewswire/ -- Global X ETFs, the New York -based provider of exchange-traded funds (ETFs), today announced the inclusion of three additional ETFs to Schwab ETF OneSource, one ...
NEW YORK , June 6, 2019 /PRNewswire/ -- Global X ETFs, the New York -based provider of exchange-traded funds (ETFs), today announced the inclusion of twenty ETFs to the TD Ameritrade ETF Market Center ...
Hopes of fiscal spending bolstering Infrastructure sector exchange traded funds are fizzling out after President Donald Trump stated he would not work with Democrats on a major infrastructure proposal due to "phony" allegations in Congress. ETF investors previously looked to infrastructure sector-specific ETFs such as the Global X U.S. Infrastructure Development ETF (Cboe: PAVE) on hopes that Capitol Hill will push through trillions of dollars to update and expand the country's aging infrastructure.
The Pentagon has approved a plan to spend an additional $1.5 billion to build 80 more miles of wall along the U.S.-Mexico border, a U.S. defense official confirmed to Fox News on Friday. According to Fox news, Acting Defense Secretary Patrick Shanahan appropriated the re-allocation of funds, which were originally set aside for support of Afghan security forces and other projects, to assist paying for the wall along the southern border. Some congressional Democrats accused Shanahan of not seeking approval to “reprogram” the funds without congressional authority, while other senior defense officials contested that they did not have to get permission from Congress regardless of ongoing objections from Democratic legislators.
Earlier this week, the Global X U.S. Infrastructure Development ETF (CBOE: PAVE) rallied after President Trump and congressional Democrats agreed to spend $2 trillion to improve America's crumbling infrastructure. It was a rare display of bipartisanship on Capitol Hill and one that, if executed properly, could benefit PAVE over the long haul because the exchange traded fund (ETF) is focused on domestic infrastructure companies and initiatives. How infrastructure dollars are spent is equally as important as knowing those dollars are earmarked for infrastructure in the first place.
In a rare display of bipartisanship, President Donald Trump and congressional Democrats recently agreed on seeking $2 trillion to shore up America's crumbling infrastructure. During his first campaign, Trump pledged to seek $1 trillion to shore up America's airports, bridges, highways, railways and roads, many of which are in bad need of overhaul. PAVE, the only ETF dedicated to domestic infrastructure investments, debuted just after Trump was sworn in as the 45th U.S. president.
With the 2020 presidential election cycle already off and running, investors may want to listen for candidates from both parties have to say infrastructure spending. Among this year's best-performing infrastructure ETFs is the Global X U.S. Infrastructure Development ETF (CBOE:PAVE). PAVE, which turned two years old last month, is a departure from many infrastructure ETFs in that the Global X fund is dedicated to the U.S. infrastructure theme and isn't a global fund.
The Global X U.S. Infrastructure Development ETF (Cboe: PAVE) is up 18.65% this year, making the fund one of the leaders among infrastructure ETFs. While PAVE is impressing in 2019, what is more important ...
Infrastructure spending is seen as one of the rare nonpartisan issues politicians consider and with the U.S. economy on solid ground, the time appears right for the U.S. to improve and update obsolete infrastructure. Several exchange traded funds provide exposure to this theme, but the Global X U.S. Infrastructure Development ETF (Cboe: PAVE) is entirely focused on domestic infrastructure companies.