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Global X Funds Announces Launch of U.S. Infrastructure Development ETF (PAVE)

 Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today launched the Global X U.S. Infrastructure Development ETF (BATS: PAVE). Designed to track the Indxx U.S. Infrastructure Development Index, the fund holds a basket of companies involved in the maintenance and development of infrastructure projects, including those involved in construction & engineering; the production of materials and composites; the transportation of those materials; and the distribution of heav

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