First Trust RBA American Industrial Renaissance ETF $AIRR Shares Sold by Lane Brothers & Co. Inc.

Lane Brothers & Co. Inc. reduced its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 14.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,794 shares of the company’s stock after selling 4,462 shares during the quarter. First Trust RBA American Industrial Renaissance ETF accounts for approximately 2.2% of Lane Brothers & Co. Inc.’s investment portfolio, making the stock its 12th biggest holding. Lane Brothers & Co. Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,968,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Koshinski Asset Management Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 3.9% in the 1st quarter. Koshinski Asset Management Inc. now owns 2,186 shares of the company’s stock worth $242,000 after purchasing an additional 82 shares during the period. Altus Wealth Group LLC grew its holdings in First Trust RBA American Industrial Renaissance ETF by 1.0% in the first quarter. Altus Wealth Group LLC now owns 8,884 shares of the company’s stock valued at $984,000 after purchasing an additional 86 shares during the period. Condor Capital Management grew its holdings in First Trust RBA American Industrial Renaissance ETF by 2.1% in the fourth quarter. Condor Capital Management now owns 4,419 shares of the company’s stock valued at $435,000 after purchasing an additional 89 shares during the period. Sound Income Strategies LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 10.8% in the first quarter. Sound Income Strategies LLC now owns 927 shares of the company’s stock valued at $105,000 after buying an additional 90 shares in the last quarter. Finally, Guerra Pan Advisors LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% in the fourth quarter. Guerra Pan Advisors LLC now owns 13,537 shares of the company’s stock valued at $1,331,000 after buying an additional 108 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $123.23 on Thursday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $82.22 and a 1-year high of $135.05. The company has a market cap of $10.76 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The stock has a 50 day simple moving average of $127.89 and a 200-day simple moving average of $119.30.

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.