Cardinal Point Capital Management ULC Invests $418,000 in First Trust RBA American Industrial Renaissance ETF $AIRR

Cardinal Point Capital Management ULC purchased a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the first quarter, Holdings Channel reports. The firm purchased 3,770 shares of the company’s stock, valued at approximately $418,000.

Other large investors have also made changes to their positions in the company. Jane Street Group LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 115.9% in the first quarter. Jane Street Group LLC now owns 17,464 shares of the company’s stock valued at $1,191,000 after purchasing an additional 9,374 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at $348,000. Raymond James Financial Inc. grew its holdings in First Trust RBA American Industrial Renaissance ETF by 0.8% in the 2nd quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock valued at $134,041,000 after buying an additional 13,099 shares in the last quarter. Ausdal Financial Partners Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 144.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 10,488 shares of the company’s stock worth $854,000 after acquiring an additional 6,205 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock worth $493,757,000 after acquiring an additional 220,666 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.9%

NASDAQ AIRR opened at $132.92 on Friday. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $79.64 and a 52 week high of $135.05. The business’s fifty day simple moving average is $127.52 and its 200-day simple moving average is $116.78. The firm has a market cap of $10.59 billion, a PE ratio of 21.40 and a beta of 1.27.

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.