Puff Wealth Management LLC Buys New Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Puff Wealth Management LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 26,506 shares of the company’s stock, valued at approximately $3,532,000. First Trust RBA American Industrial Renaissance ETF makes up about 3.6% of Puff Wealth Management LLC’s portfolio, making the stock its 5th largest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its position in First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the 4th 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 in the last quarter. Bank of America Corp DE grew 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 worth $1,071,874,000 after purchasing an additional 1,004,172 shares during the last quarter. Morgan Stanley increased its stake 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 purchasing an additional 575,709 shares in the last quarter. Raymond James Financial Inc. lifted its stake 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 worth $228,633,000 after buying an additional 508,440 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of 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 buying an additional 490,347 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $123.54 on Friday. The company has a market cap of $10.72 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28. The stock’s fifty day moving average price is $125.34 and its 200 day moving average price is $121.01. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $87.67 and a 1 year 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.