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ETFs like PAVE offer diversified exposure to AI data center power infrastructure as utilities and grid equipment firms benefit from rising AI build-out spending.
As the first quarter comes to a close, clearly, there have been some thematic winners in terms of flows and investment performance. Artificial Intelligence AI-themed ETFs remain among the top recipients of investor flows this year.
The industrial sector could be poised for a lift as mega spending projects kick in. Why capital investment in infrastructure has been lagging.
First Trust Advisors announced that it has made changes to the name, ticker, and index for the fund formerly known as the First Trust Global Engineering and Construction ETF (NYSE Arca: FLM). Effective August 1, the fund's name is now the First Trust Alerian U.S. NextGen Infrastructure ETF (NYSE Arca: RBLD).
Infrastructure will require substantial investments for the world to advance on lower carbon emissions targets and is well positioned for the growing interest in stakeholder capitalism.
SEC filings for RBLD aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.