First Trust Alerian U.S. NextGen Infrastructure ETF $RBLD Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its holdings in shares of First Trust Alerian U.S. NextGen Infrastructure ETF (NYSEARCA:RBLD) by 6,921.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 235,000 shares of the company’s stock after purchasing an additional 231,653 shares during the quarter. International Assets Investment Management LLC owned approximately 0.47% of First Trust Alerian U.S. NextGen Infrastructure ETF worth $19,399,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Dynamic Advisor Solutions LLC bought a new position in First Trust Alerian U.S. NextGen Infrastructure ETF in the second quarter worth about $248,000. Forty three Eighteen Advisors LLC boosted its stake in First Trust Alerian U.S. NextGen Infrastructure ETF by 2.3% in the first quarter. Forty three Eighteen Advisors LLC now owns 22,163 shares of the company’s stock valued at $1,798,000 after acquiring an additional 507 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of First Trust Alerian U.S. NextGen Infrastructure ETF by 10.8% during the first quarter. Sanctuary Advisors LLC now owns 6,258 shares of the company’s stock valued at $508,000 after purchasing an additional 608 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. bought a new position in shares of First Trust Alerian U.S. NextGen Infrastructure ETF during the first quarter valued at approximately $292,000.

First Trust Alerian U.S. NextGen Infrastructure ETF Trading Down 1.5%

Shares of First Trust Alerian U.S. NextGen Infrastructure ETF stock opened at $84.74 on Friday. The business’s 50 day simple moving average is $84.69 and its 200-day simple moving average is $85.40. The stock has a market capitalization of $42.37 million, a price-to-earnings ratio of 22.48 and a beta of 0.87. First Trust Alerian U.S. NextGen Infrastructure ETF has a twelve month low of $73.15 and a twelve month high of $91.07.

About First Trust Alerian U.S. NextGen Infrastructure ETF

The fund will normally invest at least 90% of its net assets in the common stocks and real estate investment trusts (“ REITs ”) that comprise the index. The index seeks to provide exposure to U.S. infrastructure companies with securities listed on recognized U.S. securities exchanges that build, operate and own infrastructure assets.