Next Level Private LLC Increases Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Next Level Private LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 234,279 shares of the company’s stock after purchasing an additional 11,538 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up about 6.1% of Next Level Private LLC’s investment portfolio, making the stock its 2nd biggest holding. Next Level Private LLC owned 0.27% of First Trust RBA American Industrial Renaissance ETF worth $31,218,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Koshinski Asset Management Inc. increased its stake in First Trust RBA American Industrial Renaissance ETF by 3.9% in the 1st quarter. Koshinski Asset Management Inc. now owns 2,186 shares of the company’s stock valued at $242,000 after buying an additional 82 shares during the last quarter. Altus Wealth Group LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 1.0% during the 1st quarter. Altus Wealth Group LLC now owns 8,884 shares of the company’s stock worth $984,000 after buying an additional 86 shares during the last quarter. Condor Capital Management grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2.1% in the 4th quarter. Condor Capital Management now owns 4,419 shares of the company’s stock valued at $435,000 after acquiring an additional 89 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 10.8% in the 1st quarter. Sound Income Strategies LLC now owns 927 shares of the company’s stock valued at $105,000 after acquiring an additional 90 shares in the last quarter. Finally, Cozad Asset Management Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.6% in the 1st quarter. Cozad Asset Management Inc. now owns 2,189 shares of the company’s stock valued at $242,000 after acquiring an additional 96 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ:AIRR opened at $123.54 on Monday. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $87.67 and a 52-week high of $135.05. The company has a market cap of $10.72 billion, a P/E ratio of 21.40 and a beta of 1.28. The stock’s 50-day simple moving average is $125.34 and its 200 day simple moving average is $121.06.

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.