(PAVE) U.S. Infrastructure - BATS
ETF Category: Infrastructure | Exchange: BATS (USA) | Market Cap: 13.620m USD | Total Return: 36.9% in 12m
Avg Turnover: 86.6M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Global X U.S. Infrastructure Development ETF (PAVE) tracks a market-cap-weighted index of domestic companies positioned to benefit from increased infrastructure spending. The fund allocates at least 80% of its assets to firms involved in construction, engineering, raw material production, and industrial transportation.
The underlying business models often rely on long-term federal contracts and cyclical demand for heavy machinery and commodities like steel and cement. This sector is heavily influenced by legislative actions, such as the Infrastructure Investment and Jobs Act, which provides multi-year funding for physical assets. You can evaluate the fundamental health of these specific holdings by reviewing their financial metrics on ValueRay.
- Federal infrastructure spending authorizations drive long-term engineering and construction contract backlogs
- Domestic industrial production levels influence demand for raw materials and heavy equipment
- Interest rate volatility impacts financing costs for large-scale capital intensive projects
- Legislative shifts in domestic manufacturing policy dictate industrial transportation and logistics volume
As of June 13, 2026, the stock is trading at USD 57.76 with a total of 1,520,848 shares traded.
Over the past week, the price has changed by +1.91%,
over one month by +2.19%,
over three months by +14.38% and
over the past year by +36.91%.
U.S. Infrastructure has no consensus analysts rating.