L.M. Kohn & Company Sells 1,300 Shares of First Trust Alerian US NextGen Infrastructure ETF (NYSEARCA:RBLD)

L.M. Kohn & Company cut its holdings in shares of First Trust Alerian US NextGen Infrastructure ETF (NYSEARCA:RBLD) by 23.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,240 shares of the company’s stock after selling 1,300 shares during the quarter. L.M. Kohn & Company owned 2.83% of First Trust Alerian US NextGen Infrastructure ETF worth $281,000 at the end of the most recent reporting period.

Separately, International Assets Investment Management LLC purchased a new position in shares of First Trust Alerian US NextGen Infrastructure ETF during the 4th quarter valued at approximately $207,000.

First Trust Alerian US NextGen Infrastructure ETF Price Performance

NYSEARCA:RBLD opened at $69.39 on Monday. The company has a 50 day moving average price of $68.47 and a 200-day moving average price of $67.53. First Trust Alerian US NextGen Infrastructure ETF has a 1-year low of $57.37 and a 1-year high of $73.26. The firm has a market cap of $10.41 million, a price-to-earnings ratio of 25.20 and a beta of 0.91.

First Trust Alerian US 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.