Financial Futures Ltd Liability Co. Takes Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Financial Futures Ltd Liability Co. bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 1st quarter, Holdings Channel.com reports. The firm bought 5,779 shares of the company’s stock, valued at approximately $640,000.

Several other institutional investors and hedge funds have also bought and sold shares of AIRR. Northwestern Mutual Wealth Management Co. increased its stake in First Trust RBA American Industrial Renaissance ETF by 2,619.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock worth $1,041,002,000 after purchasing an additional 10,198,584 shares during the period. Bank of America Corp DE boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after purchasing an additional 1,036,237 shares during the period. Morgan Stanley grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% in the fourth quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock worth $519,083,000 after purchasing an additional 575,709 shares during the last quarter. LPL Financial LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12.0% in the fourth quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock worth $449,345,000 after purchasing an additional 490,347 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% in 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.

First Trust RBA American Industrial Renaissance ETF Stock Down 2.3%

NASDAQ:AIRR opened at $129.86 on Friday. The firm has a market capitalization of $10.35 billion, a P/E ratio of 21.40 and a beta of 1.27. The company has a fifty day moving average of $127.69 and a 200 day moving average of $116.87. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $80.80 and a 52 week 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.