Valley Wealth Managers Inc. Increases Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Valley Wealth Managers Inc. boosted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 117.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 94,851 shares of the company’s stock after acquiring an additional 51,136 shares during the period. Valley Wealth Managers Inc. owned 0.12% of First Trust RBA American Industrial Renaissance ETF worth $10,508,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock worth $1,041,002,000 after purchasing an additional 10,198,584 shares during the period. Morgan Stanley grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% in the fourth quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock worth $519,083,000 after purchasing an additional 575,709 shares during the last quarter. Raymond James Financial Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 28.0% during the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock valued at $228,633,000 after purchasing an additional 508,440 shares during the period. LPL Financial LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 12.0% during the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock valued at $449,345,000 after purchasing an additional 490,347 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in First Trust RBA American Industrial Renaissance ETF by 800.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock valued at $43,506,000 after purchasing an additional 400,000 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $121.12 on Friday. First Trust RBA American Industrial Renaissance ETF has a one year low of $82.39 and a one year high of $135.05. The business has a 50 day simple moving average of $127.59 and a two-hundred day simple moving average of $119.46. The firm has a market capitalization of $10.57 billion, a price-to-earnings 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.