For investors looking for momentum, the DJ Brookfield Global Infrastructure ETF (TOLZ Quick QuoteTOLZ - Free Report) is probably on your radar now. The fund just hit a 52-week high and shares of TOLZ are up roughly 14.15% from their 52-week low price of $36.96/share.

But could more gains be ahead for this ETF? Let’s take a quick look at the fund and the near-term outlook to get a better idea on where it might be headed:

TOLZ in Focus

TOLZ focuses on the global infrastructure market. The fund has a large-cap focus with key holdings in the Energy, Utilities, and Industrials sectors. TOLZ charges investors 45 basis points a year in fees. Its top holdings include National Grid PLC, American Tower Corp, and Enbridge Inc. with almost 15% of assets allocated to them (see all the Utilities/Infrastructure ETFs here).

Why the move?

The infrastructure sector has been an area to watch lately as Donald Trump’s promises to boost spending by over $1 trillion is a positive. Almost 50% of the fund assets are allocated to the U.S. and almost 15% to Canada. Canada is planning to launch a government infrastructure bank to spur development of projects across the country, which also contributed to recent gains of the fund.

More Gains Ahead?

The fund has a weighted alpha of 12.46 and a low 14-day standard deviation of 5.72%. So there is definitely still some promise for those who want to ride this surging ETF a little further.

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