Valley Wealth Managers Inc. Raises Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Valley Wealth Managers Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 117.0% in the 1st quarter, Holdings Channel reports. The firm owned 94,851 shares of the company’s stock after purchasing an additional 51,136 shares during the period. Valley Wealth Managers Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $10,508,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sankala Group LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at about $25,000. Truvestments Capital LLC bought a new position in First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth about $31,000. Torren Management LLC bought a new position in First Trust RBA American Industrial Renaissance ETF in the first quarter worth about $43,000. Park Square Financial Group LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth about $47,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 107.4% in the third quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after buying an additional 260 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $121.12 on Friday. The stock’s 50 day simple moving average is $127.59 and its two-hundred day simple moving average is $119.46. The stock has a market cap of $10.57 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $82.39 and a fifty-two week 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.