Simplicity Wealth LLC Purchases New Shares in First Trust RBA American Industrial Renaissance ETF $AIRR

Simplicity Wealth LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 5,083 shares of the company’s stock, valued at approximately $563,000.

A number of other large investors also recently added to or reduced their stakes in AIRR. Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock valued at $1,041,002,000 after purchasing an additional 10,198,584 shares in the last quarter. Bank of America Corp DE increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. Morgan Stanley raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% during the 4th quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock worth $519,083,000 after purchasing an additional 575,709 shares during the last quarter. LPL Financial LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 12.0% during the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock worth $449,345,000 after purchasing an additional 490,347 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF by 28.0% in the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock valued at $228,633,000 after buying an additional 508,440 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 1.7%

AIRR stock opened at $121.53 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $82.22 and a 12-month high of $135.05. The stock has a market cap of $10.57 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The business’s 50-day moving average is $128.21 and its 200 day moving average is $119.00.

First Trust RBA American Industrial Renaissance ETF Profile

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.