Back to top

Image: Bigstock

The Zacks Analyst Blog Highlights: IFRA, PKB and TOLZ

Read MoreHide Full Article

For Immediate Release

Chicago, IL – August 5, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: iShares U.S. Infrastructure ETF (IFRA - Free Report) , Invesco Dynamic Building & Construction ETF (PKB - Free Report) and ProShares DJ Brookfield Global Infrastructure ETF (TOLZ - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

ETFs to Play U.S. Infrastructure Overhaul

Since when the blue wave of Democrats hit the U.S. economic shores, the investing case for a few sectors strengthened. Among the lot, infrastructure is a prominent one. In his presidential campaign, Joe Biden proposed a $1.3 trillion infrastructure overhaul.

On Aug 1, Senate introduced a bipartisan infrastructure bill of $550 billion in addition to the previously approved funds of $450 billion for five years. The 2,702-page legislation is aimed at establishing the United States with the world's best economic infrastructure. Total spending may go up to $1.2 trillion if the plan is extended to eight years.

The infrastructure bill will provide $100 billion toward roads, bridges and other major projects. The plan allocates $39 billion to modernize public transit and improve access for disabled people.

In addition, the bill has proposed $66 billion for passenger and freight rail, $15 billion for electric vehicles and buses, and $17 billion for airports, ports and waterways. The plan will invest $50 billion and $55 billion in water infrastructure and clean water projects, respectively. Moreover, $65 billion will be invested in high-speed Internet (broadband), $21 billion in environmental clean-up and $73 billion in Power infrastructure.

Against this backdrop, below we highlight a few ETFs that could prove to be winning ones.

ETF Picks

iShares U.S. Infrastructure ETF

The fund offers exposure to U.S. infrastructure companies that could benefit from a potential increase in domestic infrastructure activities. No stock accounts for more than 0.98

% of the fund. The 153-stock fund charges 40 bps in fees.

Invesco Dynamic Building & Construction ETF

The underlying Dynamic Building & Construction Intellidex Index comprises stocks of U.S. building and construction companies. Trane (5.67%), Johnson Controls (5.68%) and Home Depot (5.35%) are the three top stocks of the fund. The 30-stock fund charges 59 bps in fees.

ProShares DJ Brookfield Global Infrastructure ETF

The fund offers access to an asset class with growing global demand, increasing opportunities for private investment, and high barriers to entry that limit competition. The United States accounts for about 50.3% of the 123-stock fund. It charges 47 bps in fees.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Published in