First Trust RBA American Industrial Renaissance ETF $AIRR Stock Holdings Increased by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 22.1% in the third quarter, according to its most recent 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 accounts for about 2.1% of Precedent Wealth Partners LLC’s holdings, making the stock its 8th largest holding. Precedent Wealth Partners LLC owned about 0.16% of First Trust RBA American Industrial Renaissance ETF worth $14,034,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of AIRR. Bank of America Corp DE increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 11.6% in the 1st quarter. Bank of America Corp DE now owns 9,675,697 shares of the company’s stock valued at $1,071,874,000 after acquiring an additional 1,004,172 shares during the last quarter. Royal Bank of Canada raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 19.7% during the 1st quarter. Royal Bank of Canada now owns 1,430,725 shares of the company’s stock worth $158,496,000 after acquiring an additional 235,464 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 4.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 816,728 shares of the company’s stock worth $108,829,000 after acquiring an additional 31,869 shares in the last quarter. Cetera Investment Advisers raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 28.8% during the 1st quarter. Cetera Investment Advisers now owns 767,824 shares of the company’s stock worth $85,060,000 after acquiring an additional 171,527 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 5.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 510,524 shares of the company’s stock worth $68,027,000 after acquiring an additional 27,643 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 3.1%

AIRR stock opened at $96.17 on Friday. The business has a 50 day moving average price of $107.05 and a 200 day moving average price of $118.74. The stock has a market cap of $8.32 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $90.51 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.