First Trust RBA American Industrial Renaissance ETF $AIRR Shares Sold by RFG Advisory LLC

RFG Advisory LLC lessened its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 46.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,675 shares of the company’s stock after selling 18,136 shares during the period. RFG Advisory LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,290,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AIRR. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 purchasing an additional 10,198,584 shares during the period. Bank of America Corp DE grew its position in 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 buying an additional 1,036,237 shares during the period. Morgan Stanley increased its holdings in 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 valued at $519,083,000 after buying an additional 575,709 shares in the last quarter. LPL Financial LLC increased its holdings in 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 valued at $449,345,000 after buying an additional 490,347 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position 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 acquiring an additional 508,440 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Down 2.3%

AIRR stock opened at $129.86 on Friday. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $80.80 and a 52-week high of $135.05. The firm has a market cap of $10.35 billion, a P/E ratio of 21.40 and a beta of 1.27. The company’s 50-day simple moving average is $127.69 and its 200-day simple moving average is $116.87.

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.