Nwam LLC Grows Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Nwam LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 27.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 60,032 shares of the company’s stock after acquiring an additional 12,897 shares during the quarter. Nwam LLC owned about 0.07% of First Trust RBA American Industrial Renaissance ETF worth $7,999,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of AIRR. Northwestern Mutual Wealth Management Co. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock worth $1,041,002,000 after purchasing an additional 10,198,584 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 11.6% during the first quarter. Bank of America Corp DE now owns 9,675,697 shares of the company’s stock valued at $1,071,874,000 after purchasing an additional 1,004,172 shares in the last quarter. Morgan Stanley boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% during the fourth quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock valued at $519,083,000 after buying an additional 575,709 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% during the fourth quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock valued at $228,633,000 after purchasing an additional 508,440 shares during the last quarter. Finally, LPL Financial LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 12.0% during the fourth quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock valued at $449,345,000 after purchasing an additional 490,347 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 1.2%

NASDAQ:AIRR opened at $108.22 on Tuesday. The company has a 50 day simple moving average of $121.57 and a two-hundred day simple moving average of $121.41. The company has a market cap of $9.39 billion, a PE ratio of 21.40 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $89.50 and a 12 month high of $135.05.

First Trust RBA American Industrial Renaissance ETF Company 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.