Hutchens & Kramer Investment Management Group LLC Invests $495,000 in First Trust RBA American Industrial Renaissance ETF $AIRR

Hutchens & Kramer Investment Management Group LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 4th quarter, Holdings Channel.com reports. The firm bought 5,036 shares of the company’s stock, valued at approximately $495,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in First Trust RBA American Industrial Renaissance ETF by 115.9% during the 1st quarter. Jane Street Group LLC now owns 17,464 shares of the company’s stock worth $1,191,000 after purchasing an additional 9,374 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at $100,000. PNC Financial Services Group Inc. increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 53.9% during the second quarter. PNC Financial Services Group Inc. now owns 2,941 shares of the company’s stock worth $239,000 after buying an additional 1,030 shares during the period. JPMorgan Chase & Co. increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 1.1% during the second quarter. JPMorgan Chase & Co. now owns 116,360 shares of the company’s stock worth $9,472,000 after buying an additional 1,249 shares during the period. Finally, Archer Investment Corp raised its stake in First Trust RBA American Industrial Renaissance ETF by 126.7% during the second quarter. Archer Investment Corp now owns 1,700 shares of the company’s stock worth $138,000 after buying an additional 950 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 3.2%

Shares of NASDAQ AIRR opened at $107.59 on Friday. The company has a market capitalization of $7.49 billion, a PE ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $123.54. The firm has a fifty day simple moving average of $114.62 and a 200 day simple moving average of $103.51.

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.