24,607 First Trust RBA American Industrial Renaissance ETF $AIRR Shares Purchased by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 22.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,933 shares of the company’s stock after buying an additional 24,607 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up 2.1% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its 8th largest holding. Precedent Wealth Partners LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $14,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Koshinski Asset Management Inc. raised its stake in First Trust RBA American Industrial Renaissance ETF by 3.9% during the 1st quarter. Koshinski Asset Management Inc. now owns 2,186 shares of the company’s stock worth $242,000 after acquiring an additional 82 shares in the last quarter. Altus Wealth Group LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 1.0% in the first quarter. Altus Wealth Group LLC now owns 8,884 shares of the company’s stock valued at $984,000 after acquiring an additional 86 shares during the last quarter. Sound Income Strategies LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 10.8% in the first quarter. Sound Income Strategies LLC now owns 927 shares of the company’s stock valued at $105,000 after acquiring an additional 90 shares during the last quarter. Cozad Asset Management Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 4.6% in the first 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. Finally, James T. Borello RIA boosted its stake in First Trust RBA American Industrial Renaissance ETF by 0.3% in the third quarter. James T. Borello RIA now owns 44,194 shares of the company’s stock valued at $4,563,000 after acquiring an additional 121 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $96.17 on Friday. The company has a fifty day moving average of $107.05 and a two-hundred day moving average of $118.74. The company has a market capitalization of $8.32 billion, a PE ratio of 21.40 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $90.51 and a 1 year 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.