Cardinal Point Capital Management ULC Purchases 6,290 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Cardinal Point Capital Management ULC increased its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 32.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,535 shares of the company’s stock after purchasing an additional 6,290 shares during the period. Cardinal Point Capital Management ULC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,636,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Sage Private Wealth Group LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 5.8% in the third quarter. Sage Private Wealth Group LLC now owns 218,529 shares of the company’s stock valued at $22,561,000 after purchasing an additional 11,976 shares during the period. Arwa LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $215,000. AFG Fiduciary Services Limited Partnership increased its position in First Trust RBA American Industrial Renaissance ETF by 2.3% during the 3rd quarter. AFG Fiduciary Services Limited Partnership now owns 8,215 shares of the company’s stock worth $843,000 after purchasing an additional 184 shares during the period. Grantvest Financial Group LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 5.1% during the 3rd quarter. Grantvest Financial Group LLC now owns 7,741 shares of the company’s stock worth $799,000 after purchasing an additional 375 shares during the period. Finally, Arvest Investments Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 25.7% during the 3rd quarter. Arvest Investments Inc. now owns 49,319 shares of the company’s stock worth $5,092,000 after purchasing an additional 10,090 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.8%

Shares of AIRR stock opened at $99.24 on Thursday. The company has a market cap of $8.59 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28. The stock has a 50 day simple moving average of $107.58 and a 200-day simple moving average of $118.85. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $90.51 and a 12-month 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.