TradeWell Securities LLC. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR – Free Report) by 9.3% during the third quarter, Holdings Channel reports. The firm owned 83,633 shares of the company’s stock after acquiring an additional 7,095 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up about 2.9% of TradeWell Securities LLC.’s investment portfolio, making the stock its 8th biggest position. TradeWell Securities LLC.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $8,634,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of AIRR. Bank of America Corp DE raised its position in First Trust RBA American Industrial Renaissance ETF by 11.6% during the 1st 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 during the last quarter. Royal Bank of Canada raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 19.7% during the first quarter. Royal Bank of Canada now owns 1,430,725 shares of the company’s stock valued at $158,496,000 after acquiring an additional 235,464 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF by 4.1% in the second quarter. Envestnet Asset Management Inc. now owns 816,728 shares of the company’s stock worth $108,829,000 after acquiring an additional 31,869 shares during the period. Cetera Investment Advisers lifted its stake in First Trust RBA American Industrial Renaissance ETF by 28.8% in the first quarter. Cetera Investment Advisers now owns 767,824 shares of the company’s stock worth $85,060,000 after acquiring an additional 171,527 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in First Trust RBA American Industrial Renaissance ETF by 5.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 510,524 shares of the company’s stock worth $68,027,000 after acquiring an additional 27,643 shares during the period.
First Trust RBA American Industrial Renaissance ETF Price Performance
NASDAQ:AIRR traded up $0.97 during trading hours on Wednesday, hitting $99.42. The company had a trading volume of 402,744 shares, compared to its average volume of 770,365. The stock has a 50-day moving average price of $108.07 and a 200 day moving average price of $118.95. The company has a market capitalization of $8.60 billion, a PE ratio of 21.40 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $90.51 and a 52 week 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.
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