Royal Bank of Canada Decreases Stock Holdings in First Trust Alerian U.S. NextGen Infrastructure ETF $RBLD

Royal Bank of Canada cut its position in First Trust Alerian U.S. NextGen Infrastructure ETF (NYSEARCA:RBLD) by 81.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,041 shares of the company’s stock after selling 13,054 shares during the quarter. Royal Bank of Canada owned about 1.22% of First Trust Alerian U.S. NextGen Infrastructure ETF worth $246,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Forty three Eighteen Advisors LLC boosted its holdings in shares of First Trust Alerian U.S. NextGen Infrastructure ETF by 2.3% in the 1st quarter. Forty three Eighteen Advisors LLC now owns 22,163 shares of the company’s stock worth $1,798,000 after purchasing an additional 507 shares in the last quarter. Jane Street Group LLC bought a new position in shares of First Trust Alerian U.S. NextGen Infrastructure ETF during the first quarter valued at about $784,000. Sanctuary Advisors LLC lifted its holdings in First Trust Alerian U.S. NextGen Infrastructure ETF by 10.8% in the 1st quarter. Sanctuary Advisors LLC now owns 6,258 shares of the company’s stock worth $508,000 after buying an additional 608 shares during the period. Sterling Investment Advisors Ltd. purchased a new stake in First Trust Alerian U.S. NextGen Infrastructure ETF in the first quarter worth $292,000. Finally, Raymond James Financial Inc. bought a new stake in shares of First Trust Alerian U.S. NextGen Infrastructure ETF during the 2nd quarter valued at about $212,000.

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

Shares of First Trust Alerian U.S. NextGen Infrastructure ETF stock opened at $86.11 on Friday. The firm has a market cap of $55.97 million, a price-to-earnings ratio of 22.48 and a beta of 0.86. First Trust Alerian U.S. NextGen Infrastructure ETF has a 1 year low of $72.51 and a 1 year high of $91.07. The company has a 50-day moving average of $88.43 and a 200 day moving average of $86.54.

First Trust Alerian U.S. NextGen Infrastructure ETF Profile

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.