Global X U.S. Infrastructure Development ETF (PAVE)

BATS: PAVE · IEX Real-Time Price · USD
37.36
-0.08 (-0.21%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-0.21%
Assets $7.34B
Expense Ratio 0.47%
PE Ratio 20.21
Shares Out 193.47M
Dividend (ttm) $0.24
Dividend Yield 0.63%
Ex-Dividend Date Dec 28, 2023
Payout Ratio 12.90%
1-Year Return +34.58%
Volume 1,891,650
Open 37.70
Previous Close 37.44
Day's Range 37.28 - 37.91
52-Week Low 26.73
52-Week High 40.00
Beta n/a
Holdings 101
Inception Date Mar 6, 2017

About PAVE

Fund Home Page

The Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development. PAVE was launched on Mar 6, 2017 and is issued by Global X.

Asset Class Equity
Category Infrastructure
Region North America
Stock Exchange BATS
Ticker Symbol PAVE
ETF Provider Global X
Index Tracked Indxx U.S. Infrastructure Development Index

Top 10 Holdings

30.71% of assets
Name Symbol Weight
Eaton Corporation plc ETN 3.50%
Martin Marietta Materials, Inc. MLM 3.21%
Trane Technologies plc TT 3.16%
Emerson Electric Co. EMR 3.15%
Parker-Hannifin Corporation PH 3.14%
United Rentals, Inc. URI 3.07%
Nucor Corporation NUE 3.02%
Quanta Services, Inc. PWR 2.93%
Vulcan Materials Company VMC 2.79%
Deere & Company DE 2.74%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 28, 2023 $0.15597 Jan 8, 2024
Jun 29, 2023 $0.07996 Jul 10, 2023
Dec 29, 2022 $0.14069 Jan 9, 2023
Jun 29, 2022 $0.08064 Jul 8, 2022
Dec 30, 2021 $0.09918 Jan 7, 2022
Jun 29, 2021 $0.03995 Jul 8, 2021
Full Dividend History

News

Renewed Focus on Inflation

Concerns about inflation are top of mind again, with consumer prices and producer prices rising higher last week. This impacted the bond market as well as commodity prices.

3 days ago - ETF Trends

ETF Themes That Dominated in Q1 2023

As the first quarter comes to a close, clearly, there have been some thematic winners in terms of flows and investment performance. Artificial Intelligence AI-themed ETFs remain among the top recipien...

24 days ago - ETF Trends

What Investors Can Learn From Thematic ETFs

When it comes to "thematics," past performance doesn't always matter.

Other symbols: ARKKCOWZJETS
1 year ago - ETFcom

Inflation Reduction Act May Boost Allure of Infrastructure ETFs

Two domestic infrastructure funds offer differing views on energy-related spending.

Other symbols: IFRA
1 year ago - ETFcom

Global X Acquires ETF Securities Australia

The top issuer of thematic ETFs entered the Australian marketplace with a splash.

Other symbols: LITQYLD
1 year ago - ETFcom

Infrastructure in focus ahead of key earnings reports

CNBC's Seema Mody reports on industrial stocks set to report earnings next week.

2 years ago - CNBC Television

5 ETFs To With Major Growth Potential In January And Beyond, From Sports Betting To The Metaverse

The year 2021 left behind some huge storylines for investors. The investment themes may carry over into 2022, which could make some thematic ETFs worth considering in January and further into the year...

Other symbols: BETZONLNMETV
2 years ago - Benzinga

What investors should know about investing in thematic ETFs, according to two pros

"The mistake that some investors might be making is thinking of thematic investing as only looking at technology," says Global X's Jay Jacobs.

2 years ago - CNBC

Here are ETF investment areas slated for growth in 2022

Jay Jacobs of Global X ETFs joins the 'Halftime Report' to discuss the year's ETF performances and where opportunities for growth in the ETF space will be in 2022.

Other symbols: BUGKWEBLITURA
2 years ago - CNBC Television

Infrastructure Bill To Boost ETFs

The passage of the $1 trillion bill could provide long-term support for these ETFs.

2 years ago - ETFcom

Infrastructure stocks on watch after bill passes Congress. Four under-the-hood ways to play it

A long-awaited infrastructure bill passed the House over the weekend and is now headed to President Biden for his signature. Here are four ways to play it.

2 years ago - CNBC

ETF Spotlight: Global Infrastructure ETF, PAVE

CNBC's Morgan Brennan delivers Monday's edition of ETF Spotlight where Brennan discusses the Global Infrastructure ETF, PAVE. Top holding Nucor and other steelmakers are all up early in Monday's tradi...

2 years ago - CNBC Television

Popular infrastructure ETF jumps to record after House passes Biden's plan

The Global X US Infrastructure Investment ETF, which trades under the ticker PAVE, rose on Monday.

2 years ago - CNBC

Stocks to watch in wake of Pelosi pause on infrastructure bill: Barron's on MW

Congress delayed a vote on the $1 trillion infrastructure bill late Thursday night amid intra-party negotiations among Democrats, putting the future of a cornerstone of President Joe Biden's economic ...

Other symbols: CATCHPTDEIFRANUEURIVMC
2 years ago - Market Watch

ETF Spotlight: Global X Infrastructure under pressure as investors await House vote on bill

The 'Squawk on the Street' highlights the Global X Infrastructure ETF. As the infrastructure bill in Congress nears finalization, the team discusses other sectors to watch out for.

2 years ago - CNBC Television

The Advantages Of Thematic ETFs

Thematic ETFs tend to be targeted and flexible, holding stocks from across multiple sectors and industries.

Other symbols: ARKKESPOJETSKWEBMJPAWZ
2 years ago - ETFcom

Infrastructure ETFs Can Lean Cyclical, Defensive

A comparison of the three dominant infrastructure ETFs.

Other symbols: EMLPIFRASRVRTOLZ
2 years ago - ETFcom

Global X's Maier On Infrastructure ETFs

With the infrastructure bill winding its way through congress, Global X's thematic lineup is increasingly relevant.

Other symbols: LIT
2 years ago - ETFcom

Cathie Wood's mission is bullish for thematic ETF investing, Amplify CEO says

The Ark Invest founder's proven ability to create alpha with thematic investing bolsters the outlook for the whole space, says Amplify CEO Christian Magoon.

2 years ago - CNBC

Biden's infrastructure bill is releasing ‘a lot of money': here's how to invest

Transportation might be the next big investment theme in the US as the Senate works to enact President Biden's proposed $579 billion infrastructure bill. The bill seeks to put more cash into telecommu...

Other symbols: LIT
2 years ago - Invezz

These are Global X's most popular thematic ETFs this year

Global X ETFs vice president and head of research and strategy Jay Jacobs runs through his firm's fastest-growing ETFs this year. With CNBC's Bob Pisani.

2 years ago - CNBC Television

ETF Edge, July 7, 2021

CNBC's Frank Holland digs into the latest trends impacting exchange-traded funds with Dave Nadig, chief investment officer and director of research at ETF Trends, Kathleen Smith, chairman, principal a...

Other symbols: IPOSNOWUTESXLU
3 years ago - CNBC Television

Growth overtakes value yet again. Outlook for 2021's second half

Dave Nadig, chief investment officer and director of research at ETF Trends, and Jay Rhame, CEO of Reaves Asset Management, discuss the growth-value divide and share second-half strategies with CNBC's...

Other symbols: UTESXLU
3 years ago - CNBC Television

Biden's $579 billion infrastructure bill boosts related ETFs. What to watch now

Jay Rhame, CEO of Reaves Asset Management, and Dave Nadig, chief investment officer and director of research at ETF Trends, break down the benefits of the Biden administration's infrastructure bill. W...

Other symbols: UTES
3 years ago - CNBC Television

U.S. Chamber of Commerce CEO on infrastructure outlook

CNBC's "Squawk on the Street" team is joined by U.S. Chamber of Commerce CEO Suzanne Clark to discuss the infrastructure outlook, economic recovery and more.

Other symbols: IFRANFRA
3 years ago - CNBC Television