Forty three Eighteen Advisors LLC Invests $1.62 Million in First Trust Alerian U.S. NextGen Infrastructure ETF $RBLD

Forty three Eighteen Advisors LLC purchased a new stake in First Trust Alerian U.S. NextGen Infrastructure ETF (NYSEARCA:RBLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,656 shares of the company’s stock, valued at approximately $1,617,000. First Trust Alerian U.S. NextGen Infrastructure ETF accounts for 1.3% of Forty three Eighteen Advisors LLC’s holdings, making the stock its 26th largest position. Forty three Eighteen Advisors LLC owned approximately 0.09% of First Trust Alerian U.S. NextGen Infrastructure ETF at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Harbour Investments Inc. raised its stake in First Trust Alerian U.S. NextGen Infrastructure ETF by 375.0% during the 4th quarter. Harbour Investments Inc. now owns 380 shares of the company’s stock worth $28,000 after buying an additional 300 shares during the period. Osaic Holdings Inc. grew its stake in First Trust Alerian U.S. NextGen Infrastructure ETF by 87.0% in the second quarter. Osaic Holdings Inc. now owns 430 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares during the period. Kestra Advisory Services LLC acquired a new position in First Trust Alerian U.S. NextGen Infrastructure ETF in the fourth quarter valued at about $34,000. Optivise Advisory Services LLC acquired a new position in First Trust Alerian U.S. NextGen Infrastructure ETF in the fourth quarter valued at about $207,000. Finally, Raymond James Financial Inc. bought a new stake in shares of First Trust Alerian U.S. NextGen Infrastructure ETF in the second quarter worth about $212,000.

First Trust Alerian U.S. NextGen Infrastructure ETF Price Performance

NYSEARCA RBLD opened at $89.88 on Friday. The firm has a market cap of $22.47 million, a P/E ratio of 22.48 and a beta of 0.85. The stock’s 50-day moving average is $87.81 and its 200-day moving average is $82.52. First Trust Alerian U.S. NextGen Infrastructure ETF has a one year low of $69.39 and a one year high of $90.73.

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.