15,888 Shares in First Trust RBA American Industrial Renaissance ETF $AIRR Acquired by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI bought a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 15,888 shares of the company’s stock, valued at approximately $1,760,000.

Other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings 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 acquiring an additional 10,198,584 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of 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 valued at $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. Morgan Stanley raised 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 purchasing an additional 575,709 shares in the last quarter. LPL Financial LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 12.0% during the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock worth $449,345,000 after purchasing an additional 490,347 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% during the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock worth $228,633,000 after purchasing an additional 508,440 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 1.7%

Shares of AIRR stock opened at $121.53 on Tuesday. The firm has a fifty day moving average price of $128.21 and a 200 day moving average price of $119.00. The company has a market cap of $10.57 billion, a P/E ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $82.22 and a 12 month high of $135.05.

About First Trust RBA American Industrial Renaissance ETF

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.