Bank of America Corp DE Has $1.07 Billion Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Bank of America Corp DE increased its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 11.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,675,697 shares of the company’s stock after acquiring an additional 1,004,172 shares during the quarter. Bank of America Corp DE owned approximately 12.14% of First Trust RBA American Industrial Renaissance ETF worth $1,071,874,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Jane Street Group LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 115.9% during 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 period. The Manufacturers Life Insurance Company acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at about $348,000. Raymond James Financial Inc. grew its stake in shares of 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 during the period. Ausdal Financial Partners Inc. increased its position in 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 valued at $854,000 after buying an additional 6,205 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at about $4,070,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $117.05 on Friday. The stock’s 50 day simple moving average is $126.00 and its 200 day simple moving average is $120.62. The company has a market cap of $10.12 billion, a P/E ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $83.33 and a fifty-two week 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.