Barnes Pettey Financial Advisors LLC Buys 6,148 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Barnes Pettey Financial Advisors LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 66.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 15,468 shares of the company’s stock after buying an additional 6,148 shares during the quarter. Barnes Pettey Financial Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,714,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in AIRR. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 2,619.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock valued at $1,041,002,000 after acquiring an additional 10,198,584 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares during the period. Morgan Stanley raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% in the 4th 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 period. Raymond James Financial Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF by 28.0% in the fourth 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 last quarter. Finally, LPL Financial LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 12.0% in the fourth 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 last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 2.9%

Shares of NASDAQ AIRR opened at $129.36 on Thursday. The stock has a fifty day simple moving average of $128.22 and a two-hundred day simple moving average of $117.63. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $82.21 and a 1-year high of $135.05. The firm has a market cap of $10.31 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27.

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.