Signal Advisors Wealth LLC Boosts Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Signal Advisors Wealth LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 177.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,551 shares of the company’s stock after buying an additional 6,114 shares during the quarter. Signal Advisors Wealth LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,058,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew 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 valued at $1,041,002,000 after acquiring an additional 10,198,584 shares during the period. Bank of America Corp DE increased its holdings in First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after acquiring an additional 1,036,237 shares in the last quarter. Morgan Stanley raised its position in First Trust RBA American Industrial Renaissance ETF by 12.2% during the fourth quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock worth $519,083,000 after acquiring an additional 575,709 shares during the period. Raymond James Financial Inc. raised its position in First Trust RBA American Industrial Renaissance ETF by 28.0% during the fourth quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock worth $228,633,000 after acquiring an additional 508,440 shares during the period. Finally, LPL Financial LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 12.0% during the fourth quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock valued at $449,345,000 after purchasing an additional 490,347 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 2.8%

AIRR opened at $129.52 on Wednesday. The firm’s fifty day simple moving average is $127.14 and its two-hundred day simple moving average is $116.33. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $79.24 and a 52-week high of $133.50. The company has a market cap of $10.32 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27.

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.