First Trust RBA American Industrial Renaissance ETF $AIRR Shares Sold by Parcion Private Wealth LLC

Parcion Private Wealth LLC trimmed its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 493,820 shares of the company’s stock after selling 5,958 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for about 2.8% of Parcion Private Wealth LLC’s investment portfolio, making the stock its 7th largest position. Parcion Private Wealth LLC owned approximately 0.57% of First Trust RBA American Industrial Renaissance ETF worth $50,982,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 11.6% during the first quarter. Bank of America Corp DE now owns 9,675,697 shares of the company’s stock valued at $1,071,874,000 after acquiring an additional 1,004,172 shares during the period. Royal Bank of Canada boosted its stake in First Trust RBA American Industrial Renaissance ETF by 19.7% during the 1st quarter. Royal Bank of Canada now owns 1,430,725 shares of the company’s stock valued at $158,496,000 after purchasing an additional 235,464 shares during the period. Envestnet Asset Management Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 4.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 816,728 shares of the company’s stock valued at $108,829,000 after purchasing an additional 31,869 shares during the period. Cetera Investment Advisers boosted its stake in First Trust RBA American Industrial Renaissance ETF by 28.8% during the 1st quarter. Cetera Investment Advisers now owns 767,824 shares of the company’s stock valued at $85,060,000 after purchasing an additional 171,527 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in First Trust RBA American Industrial Renaissance ETF by 5.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 510,524 shares of the company’s stock valued at $68,027,000 after buying an additional 27,643 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 3.1%

AIRR opened at $98.57 on Friday. The stock’s 50 day moving average price is $104.63 and its two-hundred day moving average price is $116.74. The firm has a market capitalization of $8.37 billion, a P/E ratio of 21.40 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $90.51 and a 12-month high of $135.05.

First Trust RBA American Industrial Renaissance ETF 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.