First Trust RBA American Industrial Renaissance ETF $AIRR Shares Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 76.2% in the 2nd quarter, Holdings Channel reports. The fund owned 21,015 shares of the company’s stock after buying an additional 9,090 shares during the period. The Manufacturers Life Insurance Company’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,800,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in First Trust RBA American Industrial Renaissance ETF by 11.6% in 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 purchasing an additional 1,004,172 shares during the period. Morgan Stanley raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% during the 4th quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock worth $519,083,000 after buying an additional 575,709 shares during the period. Raymond James Financial Inc. raised its stake in shares of 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 worth $228,633,000 after buying an additional 508,440 shares during the period. LPL Financial LLC lifted its position in shares of 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 buying an additional 490,347 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of 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 buying an additional 400,000 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $107.29 on Monday. The stock has a market capitalization of $9.31 billion, a P/E ratio of 21.40 and a beta of 1.27. The company’s fifty day moving average price is $117.51 and its 200 day moving average price is $120.65. 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 Company 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.