Meitav Investment House Ltd. Acquires Shares of 64,450 First Trust RBA American Industrial Renaissance ETF $AIRR

Meitav Investment House Ltd. acquired a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 64,450 shares of the company’s stock, valued at approximately $7,140,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 115.9% in 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 period. The Manufacturers Life Insurance Company bought a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter worth about $348,000. Raymond James Financial Inc. lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 0.8% in the second quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock worth $134,041,000 after buying an additional 13,099 shares during the period. Ausdal Financial Partners Inc. boosted its position in First Trust RBA American Industrial Renaissance ETF by 144.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 10,488 shares of the company’s stock valued at $854,000 after acquiring an additional 6,205 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in First Trust RBA American Industrial Renaissance ETF by 3.8% during the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock valued at $493,757,000 after acquiring an additional 220,666 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 3.8%

Shares of AIRR stock traded down $4.82 during midday trading on Tuesday, reaching $122.15. 285,448 shares of the stock were exchanged, compared to its average volume of 765,456. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $82.22 and a 1 year high of $135.05. The firm has a market cap of $10.54 billion, a PE ratio of 21.40 and a beta of 1.27. The company’s 50 day moving average is $128.35 and its two-hundred day moving average is $118.18.

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.