Next Level Private LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR – Free Report) by 10.1% in the 1st quarter, HoldingsChannel reports. The firm owned 222,741 shares of the company’s stock after acquiring an additional 20,456 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up approximately 5.6% of Next Level Private LLC’s holdings, making the stock its 3rd largest holding. Next Level Private LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $24,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AIRR. Northwestern Mutual Wealth Management Co. grew its position in First Trust RBA American Industrial Renaissance ETF by 2,619.6% during 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 raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after buying an additional 1,036,237 shares during the last quarter. Morgan Stanley lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% in the 4th quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock valued at $519,083,000 after buying an additional 575,709 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% in the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock valued at $228,633,000 after buying an additional 508,440 shares during the period. Finally, LPL Financial LLC boosted its stake 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 buying an additional 490,347 shares during the last quarter.
First Trust RBA American Industrial Renaissance ETF Stock Up 0.1%
First Trust RBA American Industrial Renaissance ETF stock opened at $129.86 on Monday. The firm has a market cap of $10.35 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $80.80 and a 52 week high of $135.05. The business’s 50-day moving average price is $127.69 and its 200 day moving average price is $117.00.
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.
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