Each week, ETF Trends publisher Tom Lydon sits down for “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights big movers and losers among exchange traded funds.
This week, Lydon looked at the Global X U.S. Infrastructure Development ETF (PAVE), a targeted Trump play.
That’s because the infrastructure industry can stand to benefit from an increase in infrastructure projects in the U.S
PAVE is comprised of companies focused on domestic infrastructure development.
Uunlike other infrastructure funds, which may include utilities and energy companies, PAVE focuses on 1) those involved in the construction and engineering of infrastructure projects; 2) the production of raw materials, composites and products used in building infrastructure projects; 3) producers and distributors of heavy construction equipment; and 4) companies engaged in the transportation of materials use in infrastructure projects.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.