Gain detailed insights into the trading activity of Congress members for PAVE on our government trades page. Stay updated on how elected officials are investing in PAVE.

PAVE - Government Trades

Industrials

Basic Materials

Technology

Consumer Cyclical

Utilities

Energy

Other

The Fund invests at least 80 percent of its total assets in the securities of the Indxx U.S. Infrastructure Development Index (Underlying Index). The Fund's 80 percent investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Fund may lend securities representing up to one-third of the value of the Funds total assets (including the value of the collateral received). The Underlying Index is designed to measure the performance of U.S. listed companies that provide exposure to domestic infrastructure development, including companies involved in construction and engineering; production of infrastructure raw materials, composites and products; industrial transportation; and producers/distributors of heavy construction equipment (collectively, U.S. Infrastructure Development Companies), as defined by Indxx, LLC, the provider of the Underlying Index (Index Provider).

Trane Technologies Plc

United Rentals Inc.

Eaton Corp. Plc

Emerson Electric Co.

Parker-Hannifin Corp.

Martin Marietta Materials Inc.

Howmet Aerospace Inc.

Quanta Services Inc

Sempra Energy

Vulcan Materials Co.

Global X US Infrastructure Development ETF

Joe Biden, Donald Trump, stock chart

Analyst Color

Government

Regulations

Sector ETFs

Specialty ETFs

Politics

Markets

Analyst Ratings

ETFs

AMLP

iShares S&P Global Clean Energy Index Fund

ICLN

PAVE

PowerShares Exchange Traded Fund Trust WilderHill Clean Energy Portfolio

First Trust NASDAQ Clean Edge Green Energy Index Fund

QCLN

Under Biden, hundreds of billions of dollars were put toward incentives for green energy, and the U.S. set a record for crude oil production.

What A Biden Or Trump Victory Might Mean For The Energy Sector

bulls ai

Exclusives

Interview

DRIV

First Trust Industrials/Producer Durables AlphaDEX Fund

IDRV

IFRA

iShares S&P Global Infrastructure Index Fund

iShares Dow Jones US Aerospace & Defense Index Fund

KARS

NFRA

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Insights on investment opportunities in the economy from a Benzinga interview with Michael Sayers, including $1 trillion in infrastructure spending and potential growth in technology and clean energy sectors.

EXCLUSIVE: Expert Predicts &#39;Double-Digit Growth&#39; In 2 Sectors Thanks To Major Federal Investments (CORRECTED)

Poughkeepsie,,Ny,-,October,6,,2022:,President,Joe,Biden,Jr.

iShares Dow Jones Transportation Average Index Fund

JETS

Joe Biden is set for his latest State of the Union speech on March 7. A preview of sectors to watch for Biden&#39;s comments and the government shutdown.

Biden&#39;s State Of The Union May Coincide With Government Shutdown: What To Expect, Sectors To Watch

2024.PresidentialElection.Shutterstock

SPDR FTSE/Macquarie Global Infrastructure 100 ETF

TOLZ

A look at two key items that Joe Biden could highlight his thoughts on ahead of the 2024 presidential election to defeat Donald Trump.

Biden Trails Trump In Polls: Democrat Experts Pick 2 Big Issues For President To Win 2024 Election

President Joe Biden

Large Cap

News

Economics

General

FSLR

TSLA

On the one-year anniversary of the signing of the Inflation Reduction Act, Joe Biden says the legislation has been a job creator. 

The Inflation Reduction Act Turns 1 Year Old: Biden Says He Aims To Rekindle American Dream

Small Cap

ARKG

BPMC

CPRX

EXAS

SDGR

We performed a screening of mid-cap ETFs - defined as having Assets Under Management (AUM) between $2 billion and $10 billion - to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered. 

ETF Returns: Mid-Cap Winners And Losers

Tech

Media

PowerShares Exchange Traded Fund Water Resource Portfolio

SIMS

US Approves $2.9B In Grant For Infra Projects

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Long Ideas

Trading Ideas

AMZN

BABA

BETZ

BITF

COIN

DKNG

EBAY

FAST

MARA

MSFT

NFTZ

NVDA

ONLN

PDYPY

PENN

PLBY

RBLX

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.

Here is a look at five ETFs for investors to consider in 2022.

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

On CNBC’s &#34;Trading Nation,&#34; Nancy Tengler of Laffer Tengler Investments said she would like to pick individual stocks over Global X U.S.

3 Stocks To Benefit From Infrastructure Package

iShares Trust Dow Jones US Basic Materials Sector Index Fund

JC O&#39;Hara of MKM Partners and Gina Sanchez of Chantico Global and Lido Advisors spoke on CNBC&#39;s &#34;Trading Nation&#34; about stocks that could benefit from the infrastructure bill.

&#39;Trading Nation&#39; Traders Share Their Infrastructure Picks

GLOBAL X US INFRASTRUCTURE DEV ETF

Global X Funds Global X U.S. Infrastructure Development ETF

Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) shares are trading higher by 2.57% to $40.64 Thursday morning. Major indexes and several <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40937291/bank-stocks-hit-inflection-point-after-feds-50-basis-point-cut-analyst-reveal-top-p">bank stocks</a> are higher after the Federal Reserve cut interest rates by 50 basis points.
Why This Matters: Bank of America, like other large banks, generates a significant portion of its income through its net interest margin, which is the difference between the interest it earns on loans and the interest it pays on deposits. 
While a rate cut might initially lower the income from loans, lower rates can stimulate borrowing, potentially increasing loan demand. BofA could capitalize on this with higher volumes of loans, boosting overall interest income despite the lower rates.
As a major lender, BofA stands to benefit from increased loan origination, particularly in mortgage lending, personal loans and corporate financing. This could improve the company&#8217;s loan portfolio and revenue streams.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40938732/wall-street-ramps-up-interest-rate-cut-bets-after-fed-meeting-the-hard-landing-crow">Wall Street Ramps Up Interest Rate Cut Bets After Fed Meeting: &#8216;The Hard-Landing Crowd Should Disperse,&#8217; Economist Says</a>
What Else: With rate cuts, consumers may also be more inclined to refinance existing debt or take on new debt at favorable rates. BofA could see increased activity in its consumer banking division, including mortgages, auto loans and credit cards. 
Increased consumer spending could also drive higher transaction volumes, which would benefit its wealth management and transaction services divisions. 
Read Also: <a href="https://www.benzinga.com/news/large-cap/24/09/40938804/gamestop-ceo-ryan-cohen-penalized-nearly-1m-over-wells-fargo-share-acquisition">GameStop CEO Ryan Cohen Penalized Nearly $1M Over Wells Fargo Share Acquisition</a>
<h2 class="wp-block-heading">How To Buy BAC Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Bank of America&#8217;s case, it is in the Financials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, BAC has a 52-week high of $44.44 and a 52-week low of $24.96.

What's Going On With Bank Of America (BAC) Shares

JP Morgan analyst John Royall maintains World Kinect (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WKC#NYSE">WKC</a>) with a Neutral and raises the price target from $29 to $32.

Price Target

JP Morgan Maintains Neutral on World Kinect, Raises Price Target to $32

JMP Securities analyst Patrick Walravens reiterates Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Market Outperform and maintains $315 price target.

Reiteration

WDAY

JMP Securities Reiterates Market Outperform on Workday, Maintains $315 Price Target

- Reuters Citing Israeli Military Statement&nbsp;

Macro Notification

iShares MSCI Israel Capped Investable Market Index Fund

ISRA

Two Israeli Soldiers Killed Near Lebanon Border

JP Morgan analyst Tami Zakaria maintains Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Neutral and raises the price target from $58 to $66.

TRMB

JP Morgan Maintains Neutral on Trimble, Raises Price Target to $66

JMP Securities analyst Chris Muller reiterates BrightSpire Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRSP#NYSE">BRSP</a>) with a Market Outperform and maintains $7.5 price target.

BRSP

JMP Securities Reiterates Market Outperform on BrightSpire Capital, Maintains $7.5 Price Target

Associated Capital Group Shares Halted On Code News Pending

Associated Capital Group, Inc. ("AC" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AC#NYSE">AC</a>), today announced that its Board of Directors has declared a special cash dividend of $2.00 per share, payable on November 4, 2024, to Class A and Class B shareholders of record as of the close of business on October 21, 2024. The aggregate payment will be approximately $42.4 million, based on shares outstanding of 21.2 million as of the date of this release. &nbsp;
Since its inception as a public company in 2015 and including the current estimated special dividend, AC has returned approximately $81.1 million to shareholders through dividends.

Dividends

Associated Capital Group Announces Special Dividend Of $2 Per Share, Payable On November 4, 2024, To Class A And Class B Shareholders Of Record As Of The Close Of Business On October 21, 2024

Rezolve AI Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) shares are trading higher on Thursday after the company commended Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and BlackRock, Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40937058/rezolve-ai-welcomes-microsoft-and-blackrocks-30-billion-investment-in-ai-infrastructure-as-a-game-" rel="noreferrer noopener">$30 billion investment in AI infrastructure</a>.
Earlier this week, Microsoft partnered with investment company&nbsp;BlackRock&nbsp;and several other partners on a new&nbsp;$30 billion&nbsp;investment fund to target the growing&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/artificial-intelligence" rel="noreferrer noopener">artificial intelligence sector.</a>
The new investment, which adds to Microsoft&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/23/01/30527688/microsoft-ramps-efforts-to-build-ai-supercomputer-with-chatgpt-ahead-of-q2-earnings" rel="noreferrer noopener">growing bets on the AI space</a>, includes the participation of BlackRock,&nbsp;Global Infrastructure Partners&nbsp;and&nbsp;MGX.
Related: <a target="_blank" href="https://www.benzinga.com//node/40909973" rel="noreferrer noopener">BlackRock, Microsoft, Others Team Up For $30B Artificial Intelligence Fund: Help US Fuel &#8216;AI Innovation And Economic Growth&#8217;</a>
Rezolve AI said it is set to capitalize on the AI infrastructure upgrade, enhancing its proprietary solutions like the Brain Suite, driven by the brainpowa LLM, to advance hyper-personalization in commerce and customer engagement.
The investment by Microsoft and BlackRock underscores AI&#8217;s transformative potential on a large scale, positioning Rezolve AI to lead this evolution in the commerce sector.
Daniel M. Wagner, CEO of Rezolve AI, said, &#8220;The substantial investment by Microsoft and BlackRock into AI infrastructure reflects the accelerating pace of AI adoption across every industry.&#8221;
&#8220;For companies like Rezolve AI, this investment marks a pivotal shift in the landscape, providing the technological foundation that will allow AI innovators to scale more rapidly and deliver increasingly sophisticated solutions.&#8221;
&#8220;As a company committed to revolutionizing commerce through our suite of AI products, including Brain Commerce and Brain Checkout, we view this as a tremendous opportunity to leverage the evolving infrastructure and collaborate with major players in AI.&#8221;
Also, Rezolve AI responded to OpenAI&#8217;s new release, &#8220;Strawberry.&#8221; CEO Daniel M. Wagner emphasized his conviction that the future of AI lies in industry-specific<a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40901998/rezolve-ai-joins-openais-latest-release-advocates-for-vertical-market-ai-solutions-in-retail-and-c" rel="noreferrer noopener"> solutions tailored to vertical markets</a>.
Price Action: RZLV shares are up 41.7% at $6.73 at the last check Thursday.
Image via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/40940207" target="_blank" rel="noreferrer noopener">Plug Power Fuels Sales Boom With $150M+ Equipment Leasing Strategy &#8211; What&#8217;s The Benefit?</a></li>
</ul>

Equities

Movers

RZLV

Rezolve AI Set To Ride The AI Wave - What's Going On?

JP Morgan analyst Andrea Teixeira maintains Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) with a Overweight and raises the price target from $179 to $186.

JP Morgan Maintains Overweight on Procter & Gamble, Raises Price Target to $186

Stephens &amp; Co. analyst Scott Fidel reiterates Ardent Health Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARDT#NYSE">ARDT</a>) with a Overweight and maintains $24 price target.

ARDT

Stephens & Co. Reiterates Overweight on Ardent Health Partners, Maintains $24 Price Target

The process behind top-shelf cheeses, aged meats, reserved wines and premium cannabis all relies on one thing: precise control of time, temperature and moisture. Whether aging cheddar or curing cannabis, the science of preservation unlocks quality. 
Nested in Vermont, Cannatrol is a family-owned venture that applies these same principles to cannabis drying, boosting growers&#8217; profits by reducing labor, product loss and inefficiencies. By minimizing touch points and preserving valuable terpenes, the system helps growers maintain potency and quality, ensuring profits don't evaporate in postharvest handling.
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. You can&#8217;t afford to miss out if you're serious about the business.</li>
</ul>
<h2 class="wp-block-heading">The Problem, The Solution And The Market Need</h2>
Founded by Jane and David Sandelman, Cannatrol is transforming postharvest cannabis processing with its innovative drying and curing technology.
David, an inventor with a background in energy and temperature controls, saw a common problem facing cheesemakers: the difficulty of achieving precise aging conditions without access to traditional cheese caves.&nbsp;
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="894" height="1024" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18190019/Bethany-Farm-New-Logo-1-894x1024.jpg" alt="" class="wp-image-555103" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18190019/Bethany-Farm-New-Logo-1-894x1024.jpg 894w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18190019/Bethany-Farm-New-Logo-1-262x300.jpg 262w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18190019/Bethany-Farm-New-Logo-1-768x880.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18190019/Bethany-Farm-New-Logo-1.jpg 943w" sizes="(max-width: 894px) 100vw, 894px" /><figcaption class="wp-element-caption">Courtesy of Cannatrol</figcaption></figure>
Using his experience in temperature control, David developed a method to manage vapor pressure in these environments. When cannabis began its path toward legalization, it became clear that this same technology could be adapted for drying and curing cannabis flowers.
"The physics of drying cheese and cannabis are remarkably similar," David explained. "Both require precise moisture and temperature control to preserve quality, whether you're producing a fine cheese or top-shelf cannabis."&nbsp;
Unlike conventional drying methods that rely on air conditioners and dehumidifiers, Cannatrol ensures there are no fluctuating temperatures and moisture levels are stable throughout the process, drying evenly and consistently. 
"Minimal variations in airflow, temperature and humidity can damage the glands that cover the flower. These glands known as trichomes, host cannabinoids and <a href="https://www.benzinga.com/general/biotech/24/05/38626097/why-does-tangie-smell-so-fruity-because-non-terpene-compounds-include-guava-papaya-and-passionfru">terpenes</a>, and give the flower its quality and potency. These represent the true value in premium cannabis," David noted. 
Read Also: <a href="https://www.benzinga.com/markets/cannabis/23/02/30847170/exclusive-how-to-retail-cannabis-meet-california-brand-gelato-with-a-down-to-earth-approach-for-">EXCLUSIVE: How To Retail Cannabis, Meet California Brand &#8216;Gelato&#8217; With A Down-To-Earth Approach For Organic Growth</a>
<h3 class="wp-block-heading">Tech For Top-Line Revenue&nbsp;</h3>
At the core of Cannatrol's success is its patented approach to controlling temperature and dew point independently, which allows for pinpoint control of vapor pressure. "We're not just controlling humidity," David emphasized. "We're controlling the entire environment, down to the molecular level."
This precise control leads to a significantly better product. Research conducted in partnership with the Cannabis Research Coalition found that flowers dried using Cannatrol's technology retained 17% more <a href="https://www.benzinga.com/general/biotech/23/10/35472080/is-there-untapped-business-potential-beyond-terpenes-in-exotic-cannabis-new-study-sheds-light">terpenes</a> than cannabis dried with conventional methods.&nbsp;
Additionally, damage to the <a href="https://www.benzinga.com/markets/cannabis/23/04/31806591/what-are-cannabis-trichomes-and-whats-their-importance">trichome heads</a>—a key factor in cannabis potency—was reduced to just 1–2%, compared to 25–35% with air conditioners and dehumidifiers​.
David explained: "The trichomes are where all the <a href="https://www.benzinga.com/markets/cannabis/23/12/36394288/cannabis-2024-experts-weigh-in-what-to-expect-from-dc-and-business-outlook-exciting-point-in-tim">valuable cannabinoids</a> and terpenes are stored, so any damage directly affects the product's quality and potency. By preserving more of the trichomes, growers not only improve the overall quality of their cannabis but also protect their top-line revenue."
<h3 class="wp-block-heading">Modular Features&nbsp;</h3>
The technology itself is adaptable, with options ranging from a consumer-grade unit the size of a dorm fridge to large-scale commercial systems capable of handling up to 720 pounds of wet flowers. "Our units are turnkey," said Jane, who leads Cannatrol's marketing efforts. "They're designed for easy setup, whether it's a home grower or a large commercial operation."
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="700" height="525" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18190046/Old-Growth-Project-Page-Pictures-1.png" alt="" class="wp-image-555104" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18190046/Old-Growth-Project-Page-Pictures-1.png 700w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18190046/Old-Growth-Project-Page-Pictures-1-300x225.png 300w" sizes="(max-width: 700px) 100vw, 700px" /><figcaption class="wp-element-caption">Courtesy of Cannatrol</figcaption></figure>
What sets Cannatrol apart is the elimination of manual labor and guesswork. Traditional drying rooms require constant monitoring to prevent over-drying or mold growth, which can lead to product loss and reduced shelf life. Cannatrol's systems remove these risks. "Once the flower is in our system, it doesn't need to be moved or checked," Jane noted. "You don't risk over-drying and the flower is ready to be stored or consumed directly from the unit."
Read Also: <a href="https://www.benzinga.com/markets/cannabis/23/01/30453778/exclusive-presidential-cannabis-californias-blunt-kings-share-their-recipe-to-succeed-in-retail">EXCLUSIVE: Presidential Cannabis — California&#8217;s Blunt Kings Share Their Recipe To Succeed In Retail</a>
<h3 class="wp-block-heading">The Business Advantage: Cutting Costs And Boosting Quality</h3>
David highlighted the financial impact of investing in postharvest processes: "Facilities using conventional methods can lose as much as 5% of their revenue by overdrying their flower and volatilizing terpenes. That's throwing money out the door. We're not just helping growers save money—we're helping them build a brand based on consistent, <a href="https://www.benzinga.com/markets/cannabis/24/09/40886620/how-this-former-dea-consultant-is-making-craft-cannabis-profitable-in-new-jersey-a-dirt-y-little">high-quality flowers</a>."
Moreover, Cannatrol's systems allow growers to maintain shelf stability for a longer time, which is critical for brands looking to differentiate themselves in a crowded market. "We've had clients tell us that our system has led to longer-lasting products on dispensary shelves, which ultimately translates to better consumer satisfaction," Jane added.
<h3 class="wp-block-heading">Entrepreneurial Spirit And Innovation</h3>
At the heart of Cannatrol's success is the Sandelmans&#8217; drive to solve problems with technical innovation. Their journey from Vermont restaurateurs to cannabis industry pioneers is a testament to the power of engineering and invention.&nbsp;
"We didn't set out to revolutionize cannabis drying," David reflected. "We saw a problem, and we came up with a solution. The cannabis industry was just the next frontier."
For the Sandelmans, it's not just about profit margins or flashy new technology: it's about crafting solutions that work. "Our focus has always been on creating the best product possible," Jane said. "If you're solving a problem and making something better, the business success will follow."
With thousands of units sold across 16 countries and growing demand from large-scale commercial operations, the Sandelmans' vision is expanding rapidly—and they're showing no signs of slowing down. 
Read Next: <a href="https://www.benzinga.com/general/biotech/23/08/33579692/cannabis-robots-meet-the-company-boosting-efficiency-and-margins-through-packaging-automation">Cannabis Robots: Meet The Company Boosting Efficiency And Margins Through Packaging Automation</a>

Entrepreneurship

Success Stories

How This Cheese-Aging Tech Is Boosting Profits For Cannabis Growers: Stop Throwing Cheddar Out The Door

Litecoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>) price has increased 3.58% over the past 24 hours to $65.12. Over the past week, LTC has experienced an uptick of over 5.0%, moving from $61.93 to its current price. As it stands right now, the coin's all-time high is $410.26. 
The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758227_0.png" alt="price_chart" />
Litecoin's trading volume has climbed 22.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.38%. This brings the circulating supply to 74.99 million, which makes up an estimated 89.28% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #25 at $4.88 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758227_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$LTC

Cryptocurrency Litecoin Rises More Than 3% In 24 hours

Over the past 24 hours, Aptos's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">APT</a>) price rose 14.46% to $6.61. This continues its positive trend over the past week where it has experienced a 8.0% gain, moving from $6.12 to its current price. As it stands right now, the coin's all-time high is $19.92. 
The chart below compares the price movement and volatility for Aptos over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758156_0.png" alt="price_chart" />
The trading volume for the coin has increased 106.0% over the past week while the overall circulating supply of the coin has increased 2.84% to over 500.08 million. The current market cap ranking for APT is #32 at $3.31 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758157_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$APT

Cryptocurrency Aptos's Price Increased More Than 14% Within 24 hours

Over the past 24 hours, Wrapped stETH's (CRYPTO:WSTETH) price has risen 5.99% to $2,868.31. This continues its positive trend over the past week where it has experienced a 4.0% gain, moving from $2,758.98 to its current price. As it stands right now, the coin's all-time high is $7,256.02. 
The chart below compares the price movement and volatility for Wrapped stETH over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758148_0.png" alt="price_chart" />
Wrapped stETH's trading volume has climbed 13.0% over the past week along with the circulating supply of the coin, which has increased 0.3%. This brings the circulating supply to 3.46 million. According to our data, the current market cap ranking for WSTETH is #14 at $9.91 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758148_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Wrapped stETH Up More Than 5% In 24 hours

Over the past 24 hours, WETH's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WETH</a>) price has risen 5.67% to $2,428.12. This continues its positive trend over the past week where it has experienced a 4.0% gain, moving from $2,334.73 to its current price. As it stands right now, the coin's all-time high is $4,799.89. 
The chart below compares the price movement and volatility for WETH over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1726758078_0.png" alt="price_chart" />
The trading volume for the coin has climbed 41.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 1.28%. This brings the circulating supply to 2.92 million. According to our data, the current market cap ranking for WETH is #17 at $7.08 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726758078_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$WETH

WETH Up More Than 5% In 24 hours

Making a noteworthy insider sell on September 18, Edmond Villani, Board Member at Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>), is reported in the latest SEC filing.
What Happened: Villani's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001284812/000128481224000328//Archives/edgar/data/1284812/000128481224000328/0001284812-24-000328-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday unveiled the sale of 3,000 shares of Cohen &amp; Steers. The total transaction value is $290,280.
As of Thursday morning, Cohen &amp; Steers shares are down by 0.0%, currently priced at $95.37.
<h3>All You Need to Know About Cohen &amp; Steers</h3>
Cohen &amp; Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $79.3 billion in managed assets at the end of January 2024. Cohen &amp; Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 42% (27%) of its managed assets (base management fees) from institutional clients, 45% (52%) from open-end funds, and 13% (21%) from closed-end funds.
<h3>Understanding the Numbers: Cohen &amp; Steers's Finances</h3>
Revenue Growth: Over the 3 months period, Cohen &amp; Steers showcased positive performance, achieving a revenue growth rate of 2.19% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: With a low gross margin of 47.65%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Cohen &amp; Steers's EPS reflects a decline, falling below the industry average with a current EPS of 0.63.
</li>
</ul>
Debt Management: Cohen &amp; Steers's debt-to-equity ratio is below the industry average at 0.31, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 37.4 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 9.45 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 24.37, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001284812">Check Out The Full List Of Cohen &amp; Steers's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Edmond Villani Implements A Sell Strategy: Offloads $290K In Cohen & Steers Stock

KEYS

Keysight Expands PNA-X Vector Network Analyzer Portfolio With NA520xA, Offering Greater Versatility And Simplified Test Setups For Bi-Directional Noise Figure And Intermodulation Distortion Testing

On September 18, a recent SEC filing unveiled that Taylor Family Investments LLC, Director at Mission Produce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>) made an insider sell.
What Happened: LLC opted to sell 297,072 shares of Mission Produce, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001802974/000145934924000002//Archives/edgar/data/1802974/000145934924000002/0001459349-24-000002-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The transaction's total worth stands at $3,884,632.
The latest market snapshot at Thursday morning reveals Mission Produce shares up by 0.07%, trading at $13.37.
<h3>All You Need to Know About Mission Produce</h3>
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.
<h3>A Deep Dive into Mission Produce's Financials</h3>
Positive Revenue Trend: Examining Mission Produce's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 23.95% as of 31 July, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Staples sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: With a low gross margin of 11.42%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Mission Produce's EPS is below the industry average. The company faced challenges with a current EPS of 0.17. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Mission Produce's debt-to-equity ratio is below the industry average at 0.45, reflecting a lower dependency on debt financing and a more conservative financial approach.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 40.52 is lower than the industry average, implying a discounted valuation for Mission Produce's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.83, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Mission Produce's EV/EBITDA ratio of 12.97 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Uncovering the Importance of Insider Activity</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001802974">Check Out The Full List Of Mission Produce's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Mission Produce Insider Trades Send A Signal

Disclosed on September 18, Jay A Pack, Board Member at Mission Produce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: Pack's decision to sell 145,350 shares of Mission Produce was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001802974/000182587924000007//Archives/edgar/data/1802974/000182587924000007/0001825879-24-000007-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,922,893.
During Thursday's morning session, Mission Produce shares up by 0.07%, currently priced at $13.37.
<h3>Delving into Mission Produce's Background</h3>
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.
<h3>Mission Produce: Delving into Financials</h3>
Revenue Growth: Mission Produce's revenue growth over a period of 3 months has been noteworthy. As of 31 July, 2024, the company achieved a revenue growth rate of approximately 23.95%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company excelled with a growth rate higher than the average among peers.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 11.42%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Mission Produce exhibits below-average bottom-line performance with a current EPS of 0.17.
</li>
</ul>
Debt Management: Mission Produce's debt-to-equity ratio is below the industry average at 0.45, reflecting a lower dependency on debt financing and a more conservative financial approach.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 40.52 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.83 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 12.97 reflects market recognition of Mission Produce's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Delving Into the Significance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001802974">Check Out The Full List Of Mission Produce's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Mission Produce Board Member Sold $1.92M In Company Stock

Real Estate, Infrastructure And The Opportunity As Rates Fall

As global rebuilding efforts gain momentum, the infrastructure sector is set to drive significant economic growth. For investors, it could be an opportune time to invest in quality ETFs like Global X U.S. Infrastructure Development ETF (PAVE), iShares Global Infrastructure ETF (IGF), and iShares U.S. Infrastructure ETF (IFRA), each poised to benefit from this booming industry. Learn more… As the global economy expands, the infrastructure industry is poised for significant growth and development. In today's rapidly advancing technological era, the infrastructure sector is not just keeping pace but actively incorporating digital and technological innovations. The industry is vital in building roads, bridges, oil and gas pipelines, waste management systems, and utilities.
Given the ongoing growth in the infrastructure sector, investing in ETFs such as Global X U.S. Infrastructure Development ETF (<a href="https://stocknews.com/stock/PAVE/">PAVE</a>), iShares Global Infrastructure ETF (<a href="https://stocknews.com/stock/IGF/">IGF</a>), and iShares U.S. Infrastructure ETF (<a href="https://stocknews.com/stock/IFRA/">IFRA</a>) could be beneficial. These ETFs have earned a ‘Strong Buy' rating in our proprietary rating system, reflecting their potential for strong returns.
The Biden-Harris administration's Bipartisan Infrastructure Law (BIL) has earmarked <a href="https://home.treasury.gov/news/featured-stories/infrastructure-investment-in-the-united-states">$1.2 trillion for infrastructure spending</a>, including $550 billion in new federal investments over the next five years. With the BIL Act in full swing, the government <a href="https://www.ey.com/en_us/infrastructure-investment-and-jobs-act">allocated</a> $55 billion to improve drinking water by replacing lead pipes and removing dangerous chemicals, along with $25 billion for airport repairs and $17 billion for port infrastructure.
As governments worldwide increase their infrastructure investments, confidence in the sector is growing, presenting a prime opportunity for investors to capitalize on these initiatives. With that in mind, let's look at the fundamentals of the above-mentioned infrastructure ETFs in detail:
Global X U.S. Infrastructure Development ETF (<a href="https://stocknews.com/stock/PAVE/">PAVE</a>)
PAVE seeks to invest in companies that benefit from a potential increase in infrastructure activity in the United States, including those involved in producing raw materials, heavy equipment, engineering, and construction. Global X Management Company LLC manages the fund.
The fund has $7.95 billion in assets under management (AUM). Its <a href="https://etfdb.com/etf/PAVE/#holdings">top holdings</a> are Trane Technologies plc (<a href="https://stocknews.com/stock/TT/">TT</a>) with a 3.62% weighting, United Rentals, Inc. (<a href="https://stocknews.com/stock/URI/">URI</a>) at 3.36%, Parker-Hannifin Corporation (<a href="https://stocknews.com/stock/PH/">PH</a>), and Eaton Corp. Plc (<a href="https://stocknews.com/stock/ETN/">ETN</a>), at 3.29% and 3.19%, respectively. The fund has a total of 100 holdings.
PAVE has an expense ratio of 0.47%, compared to the category average of 0.44%. Its fund inflows were $306.32 million over the past three months and $1.26 billion over the past six months.
The fund pays an annual <a href="https://www.investopedia.com/terms/d/dividend.asp">dividend</a> of $0.24, translating to a 0.61% yield at the prevailing price level. Its dividend payouts have grown at a 35.3% CAGR over the past three years. The fund's four-year average yield is 0.58%.
Over the past nine months, PAVE has gained 24.9% to close the last trading session at $38.63. The ETF had an <a href="https://www.globalxetfs.com/funds/pave/">NAV of $38.63</a> as of August 28, 2024.
PAVE's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. The ETF's overall A rating equates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
PAVE has an A grade for Trade and Buy &amp; Hold. Of the 36 ETFs in the <a href="https://stocknews.com/category/industrials-equities-etfs/">Industrials Equities ETFs</a> group, it is ranked #2.
Beyond what we stated above, we have also given PAVE a grade for Peer. Get all PAVE ratings <a href="https://stocknews.com/stock/PAVE/">here</a>.
iShares Global Infrastructure ETF (<a href="https://stocknews.com/stock/IGF/">IGF</a>)
IGF, managed by BlackRock Fund Advisors, invests in companies operating across energy, oil, gas, consumable fuels, transportation, and other infrastructure sectors. The fund uses a representative sampling technique to track the S&amp;P Global Infrastructure Index's performance.
The fund has a total of 75 holdings. Its <a href="https://etfdb.com/etf/IGF/#holdings">top holdings</a> include NextEra Energy, Inc. (<a href="https://stocknews.com/stock/NEE/">NEE</a>) with a 5.84% weighting, Transurban Group Ltd. (TCL) at 4.85%, followed by Aena SME SA (ANEA) and Enbridge Inc. (<a href="https://stocknews.com/stock/ENB/">ENB</a>) with 4.70% and 4.24% weightings, respectively.
IGF's trailing-12-month dividend of $1.74 yields 3.35% on the current price level, while its four-year average dividend yield is 2.72%.
The fund has an expense ratio of 0.42% compared to the category average of 0.44%. IGF's fund outflows over the past three months came in at $68 million. Also, the ETF has a beta of 0.86.
IGF has gained 14% over the past year and 12.8% over the past six months to close the last trading session at $51.84. As of August 28, 2024, IGF had an AUM of $3.84 billion and an <a href="https://www.ishares.com/us/products/239746/ishares-global-infrastructure-etf">NAV of $51.85</a>.
IGF's POWR Ratings reflect solid prospects. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
IGF has an A grade for Trade and Buy &amp; Hold and a B for Peer. Among the 133 ETFs in the B-rated <a href="https://stocknews.com/category/global-equities-etfs/">Global Equities ETFs</a> group, it is ranked #8. To access all of IGF's POWR Ratings, <a href="https://stocknews.com/stock/IGF/">click here</a>.
iShares U.S. Infrastructure ETF (<a href="https://stocknews.com/stock/IFRA/">IFRA</a>)
BlackRock Fund Advisors manages IFRA, an ETF that aims to track the performance of the NYSE FactSet U.S. Infrastructure Index. The fund invests in stocks of U.S. companies operating across various market capitalizations, focusing on those involved in infrastructure-related sectors like materials, industrials, construction transportation, and utilities.
With $2.62 billion in AUM, its <a href="https://etfdb.com/etf/IFRA/#holdings">top holdings</a> are Middlesex Water Company (<a href="https://stocknews.com/stock/MSEX/">MSEX</a>) with a 0.82% weighting in the fund, Unitil Corporation (<a href="https://stocknews.com/stock/UTL/">UTL</a>) at 0.81%, followed by TC Energy Corporation (<a href="https://stocknews.com/stock/TRP/">TRP</a>), and Ameren Corporation (<a href="https://stocknews.com/stock/AEE/">AEE</a>) at 0.80% weight each, respectively. The ETF has a total of 160 holdings.
The ETF's expense ratio is 0.30%, lower than the category average of 0.44%. IFRA fund inflows were $92.64 million over the past three months and $111.53 million over the past year.
The fund pays an annual dividend of $0.79, which translates to a 1.75% yield at the current price level. Its four-year average yield is 1.89%.
IFRA has gained 20.5% over the past nine months and 16.3% over the past year to close the last trading session at $44.94. The fund's NAV was <a href="https://www.ishares.com/us/products/294315/">$44.92 as of August 28, 2024</a>.
IFRA's solid fundamentals are reflected in its POWR Ratings. The fund has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
The fund has an A grade for Trade and Buy &amp; Hold. IFRA is ranked #9 among 36 ETFs in the B-rated Industrials Equities ETFs group. <a href="https://stocknews.com/stock/IFRA/">Click here</a> to access all the IFRA ratings.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
PAVE shares were trading at $39.11 per share on Thursday morning, up $0.48 (+1.24%). Year-to-date, PAVE has gained 13.74%, versus a 19.03% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/pave-igf-ifra-3-infrastructure-etfs-to-watch-as-the-world-rebuilds/>3 Infrastructure ETFs to Watch as the World Rebuilds</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Infrastructure ETFs to Watch as the World Rebuilds

Emphasize Consistency To Navigate Volatility

This Or That: ETF Themes Edition

Global Listed Infrastructure - Structural Changes In Asset Class Create Opportunities

PAVE: U.S. Infrastructure Stocks Have Potential, But With Risks To Longer-Term Valuations

PAVE: Time To Hit The Brakes

With infrastructure spending on the rise, now could be an opportune time to invest in top infrastructure ETFs like Global X U.S. Infrastructure Development (PAVE), iShares Global Infrastructure (IGF), and iShares U.S. Infrastructure (IFRA), each poised to benefit from this booming industry. Learn more… The Infrastructure Investment and Jobs Act (IIJA) and other federal initiatives have been a crucial boost for the infrastructure sector, helping it thrive even as other parts of the construction industry slow down. In 2024, $1.8 trillion in federal funding is flowing into the economy through grants, loans, and tax credits, according to <a href="https://www.spglobal.com/ratings/en/research/articles/240514-record-u-s-infrastructure-spending-is-colliding-with-higher-construction-costs-and-other-hurdles-13104338">S&amp;P Global</a>.
Investors looking to capitalize on this growth could consider investing in fundamentally sound ETFs such as Global X U.S. Infrastructure Development ETF (<a href="https://stocknews.com/stock/PAVE/">PAVE</a>), iShares Global Infrastructure ETF (<a href="https://stocknews.com/stock/IGF/">IGF</a>), and iShares U.S. Infrastructure ETF (<a href="https://stocknews.com/stock/IFRA/">IFRA</a>).
According to White House data analyzed by CNBC, the largest portion of IIJA funding is directed toward road and bridge projects, followed by rail, broadband, power, and water projects. To date, improvements have been made on 165,000 miles of roads, and more than 9,400 bridges are currently undergoing repairs.
Yet, we're only <a href="https://www.constructiondive.com/news/infrastructure-law-halfway-project-funding/717254/">halfway</a> through the IIJA's five-year span, and less than half (about 38%) of its funding has been announced. This represents a 13.5% increase in the past six months, signaling that the pace of infrastructure development is accelerating.
One major project already underway is the <a href="https://www.constructiondive.com/news/brent-spence-bridge-environmental-review-approval/716070/">Brent Spence Bridge</a> between Cincinnati and Covington, Kentucky, which is just one example of the massive impact the IIJA is having. In fact, the White House reported that more than <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/13/fact-sheet-biden-harris-administration-kicks-off-infrastructure-week-by-highlighting-historic-results-spurred-by-president-bidens-investing-in-america-agenda/">56,000 infrastructure projects</a> are now underway across over 4,500 localities in the U.S., a 40% increase over the past six months.
This steady ramp-up in activity is expected to drive the U.S. construction industry's growth by <a href="https://www.businesswire.com/news/home/20240916726753/en/US-Construction-Industry-Research-2024-Output-to-Grow-by-2.5-in-Real-terms-this-Year-Before-Growing-at-an-AAGR-of-3.9-During-2025-2028---ResearchAndMarkets.com">2.5% in real terms</a> in 2024, bolstered by public and private investments. The sector is forecasted to grow at an annual rate of 3.9% between 2025 and 2028, fueled by funding from the IIJA and other initiatives like the Inflation Reduction Act (IRA).
With so much capital flowing into energy, transportation, and housing infrastructure, it's clear that this sector is on the rise. Instead of selecting individual stocks within this rapidly evolving landscape, investing in infrastructure-focused ETFs like PAVE, IGF, and IFRA offers broad exposure across multiple sectors, including industrials, energy, and communication services.
Let's look at the fundamentals of the above-mentioned infrastructure ETFs in detail:
iShares Global Infrastructure ETF (<a href="https://stocknews.com/stock/IGF/">IGF</a>)
IGF, managed by BlackRock Fund Advisors, invests in companies operating across energy, oil, gas, consumable fuels, transportation, and other infrastructure sectors. The fund uses a representative sampling technique to track the S&amp;P Global Infrastructure Index's performance.
The fund has a total of 75 holdings. Its <a href="https://etfdb.com/etf/IGF/#holdings">top holdings</a> include NextEra Energy, Inc. (<a href="https://stocknews.com/stock/NEE/">NEE</a>) with a 6.06% weighting, Transurban Group Ltd. (TCL) at 4.83%, followed by Aena SME SA (ANEA) and Enbridge Inc. (<a href="https://stocknews.com/stock/ENB/">ENB</a>) with 4.81% and 4.26% weightings, respectively.
IGF's trailing-12-month <a href="https://www.investopedia.com/terms/d/dividend.asp">dividend</a> of $1.74 yields 3.26% on the current price level, while its four-year average dividend yield is 2.72%. Over the past three years, its dividend payouts have grown at a CAGR of 11.4%.
The fund has an expense ratio of 0.42% compared to the category average of 0.44%. IGF's fund outflows over the past month came in at $120.46 million. Also, the ETF has a beta of 0.87.
IGF has gained 17.5% over the past year and 16% over the past six months to close the last trading session at $53.78. As of September 16, 2024, IGF had an AUM of $3.99 billion and an <a href="https://www.ishares.com/us/products/239746/ishares-global-infrastructure-etf">NAV of $53.74</a>.
IGF's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
IGF also has an A grade for Trade, Buy &amp; Hold, and Peer. Among the 133 ETFs in the B-rated <a href="https://stocknews.com/category/global-equities-etfs/">Global Equities ETFs</a> group, it is ranked #8. To access all of IGF's POWR Ratings, <a href="https://stocknews.com/stock/IGF/">click here</a>.
iShares U.S. Infrastructure ETF (<a href="https://stocknews.com/stock/IFRA/">IFRA</a>)
BlackRock Fund Advisors manages IFRA, an ETF that aims to track the performance of the NYSE FactSet U.S. Infrastructure Index. The fund invests in stocks of U.S. companies operating across various market capitalizations, focusing on those involved in infrastructure-related sectors like materials, industrials, construction transportation, and utilities.
With $2.58 billion in AUM, its <a href="https://etfdb.com/etf/IFRA/#holdings">top holdings</a> are Pinnacle West Capital Corporation (<a href="https://stocknews.com/stock/PNW/">PNW</a>), ONE Gas, Inc. (<a href="https://stocknews.com/stock/OGS/">OGS</a>), Middlesex Water Company (<a href="https://stocknews.com/stock/MSEX/">MSEX</a>), and WEC Energy Group Inc. (<a href="https://stocknews.com/stock/WEC/">WEC</a>), each with a 0.83% weighting in the fund, respectively. The ETF has a total of 160 holdings.
The ETF's expense ratio is 0.30%, lower than the category average of 0.44%. IFRA fund inflows were $119.46 million over the past three months and $131.65 million over the past year.
The fund pays an annual dividend of $0.79, which translates to a 1.73% yield at the current price level. Its four-year average yield is 1.89%.
IFRA has gained 15.4% over the past nine months and 19.8% over the past year to close the last trading session at $46.05. The fund's NAV was <a href="https://www.ishares.com/us/products/294315/">$46.02 as of September 16, 2024</a>.
IFRA's solid fundamentals are reflected in its POWR Ratings. The fund has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
The fund has an A grade for Trade and Buy &amp; Hold. IFRA is ranked #8 among 36 ETFs in the B-rated <a href="https://stocknews.com/category/industrials-equities-etfs/">Industrials Equities ETFs</a> group. <a href="https://stocknews.com/stock/IFRA/">Click here</a> to see IFRA's rating for Peer.
Global X U.S. Infrastructure Development ETF (<a href="https://stocknews.com/stock/PAVE/">PAVE</a>)
PAVE seeks to invest in companies that benefit from a potential increase in infrastructure activity in the United States, including those involved in producing raw materials, heavy equipment, engineering, and construction. Global X Management Company LLC manages the fund.
The fund has $7.95 billion in assets under management (AUM). Its <a href="https://etfdb.com/etf/PAVE/#holdings">top holdings</a> are Trane Technologies plc (<a href="https://stocknews.com/stock/TT/">TT</a>) with a 3.80% weighting, Parker-Hannifin Corporation (<a href="https://stocknews.com/stock/PH/">PH</a>) at 3.38%, Eaton Corp. Plc (<a href="https://stocknews.com/stock/ETN/">ETN</a>), and United Rentals, Inc. (<a href="https://stocknews.com/stock/URI/">URI</a>), at 3.32% each respectively. The fund has a total of 100 holdings.
PAVE has an expense ratio of 0.47%, compared to the category average of 0.44%. Its fund inflows were $179.57 million over the past three months and $1.48 billion over the past year.
The fund pays an annual dividend of $0.24, translating to a 0.61% yield at the prevailing price level. Its dividend payouts have grown at a 35.3% CAGR over the past three years. The fund's four-year average yield is 0.58%.
Over the past nine months, PAVE has gained 26.3% to close the last trading session at $39.09. The ETF had an <a href="https://www.globalxetfs.com/funds/pave/">NAV of $39.10</a> as of September 16, 2024.
PAVE's bright prospects are reflected in its POWR Ratings. The ETF's overall B rating equates to a Buy in our proprietary rating system.
PAVE has an A grade for Buy &amp; Hold and a B for Trade. Of the 36 ETFs in the Industrials Equities ETFs group, it is ranked #19.
Beyond what we stated above, we have also given PAVE a grade for Peer. Get all PAVE ratings <a href="https://stocknews.com/stock/PAVE/">here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
IGF shares were trading at $53.87 per share on Tuesday afternoon, up $0.09 (+0.17%). Year-to-date, IGF has gained 16.44%, versus a 19.13% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/igf-ifra-pave-3-top-infrastructure-etfs-to-buy-as-projects-ramp-up/>3 Top Infrastructure ETFs to Buy as Projects Ramp Up</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>


Robert WittmanHouse (R-VA)	$1K - $15K	etf	Sale (Partial)	Jul 08, 2022	Jun 16, 2022	House
David JoyceHouse (R-OH)	$1K - $15K	etf	Sale	Jun 09, 2022	May 19, 2022	House

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Government Trades

Global X Funds Global X U.S. Infrastructure Development ETF

top performing PAVE trades