Mirae Asset Global Investments Co. Ltd. Buys 146,000 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Mirae Asset Global Investments Co. Ltd. lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 104.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 286,000 shares of the company’s stock after buying an additional 146,000 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $38,110,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AIRR. Benchmark Financial LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 3.0% in the 2nd quarter. Benchmark Financial LLC now owns 19,474 shares of the company’s stock worth $2,595,000 after acquiring an additional 575 shares during the period. Abound Wealth Management acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the second quarter valued at $33,000. Accel Wealth Management lifted its position in First Trust RBA American Industrial Renaissance ETF by 42.7% in the second quarter. Accel Wealth Management now owns 15,696 shares of the company’s stock worth $2,092,000 after purchasing an additional 4,694 shares during the period. Fulcrum Equity Management bought a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter worth $450,000. Finally, Redhawk Wealth Advisors Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 18.7% during the second quarter. Redhawk Wealth Advisors Inc. now owns 7,931 shares of the company’s stock worth $1,057,000 after buying an additional 1,250 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR stock opened at $122.78 on Friday. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $87.67 and a 52-week high of $135.05. The stock has a market cap of $10.66 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28. The firm has a fifty day moving average of $124.85 and a 200-day moving average of $121.33.

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.