First Trust RBA American Industrial Renaissance ETF $AIRR Stock Position Lifted by Southern Capital Services Inc. ADV

Southern Capital Services Inc. ADV grew its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 7.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,737 shares of the company’s stock after purchasing an additional 4,809 shares during the quarter. First Trust RBA American Industrial Renaissance ETF comprises about 5.0% of Southern Capital Services Inc. ADV’s holdings, making the stock its 6th biggest holding. Southern Capital Services Inc. ADV owned about 0.09% of First Trust RBA American Industrial Renaissance ETF worth $7,836,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 buying an additional 10,198,584 shares during the period. Bank of America Corp DE lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 17.1% in the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after buying an additional 1,036,237 shares during the period. Morgan Stanley boosted its position in 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 valued at $519,083,000 after acquiring an additional 575,709 shares in the last quarter. LPL Financial LLC boosted its position in 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 valued at $449,345,000 after acquiring an additional 490,347 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% during the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock worth $228,633,000 after acquiring an additional 508,440 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.3%

AIRR opened at $122.56 on Thursday. The stock has a fifty day simple moving average of $128.27 and a two-hundred day simple moving average of $118.53. The company has a market cap of $10.64 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $82.22 and a 12-month high of $135.05.

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.