Commonwealth Equity Services LLC Has $21.12 Million Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Commonwealth Equity Services LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 35.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 274,092 shares of the company’s stock after buying an additional 71,081 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.63% of First Trust RBA American Industrial Renaissance ETF worth $21,116,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AIRR. Morse Asset Management Inc acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $25,000. Howe & Rusling Inc. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth $40,000. Stonebridge Financial Group LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $45,000. SBI Securities Co. Ltd. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at $53,000. Finally, Archer Investment Corp acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at $58,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 2.7 %

Shares of AIRR opened at $69.06 on Monday. The stock’s 50-day moving average price is $76.51 and its two-hundred day moving average price is $77.30. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $61.36 and a 12 month high of $86.95. The company has a market capitalization of $3.02 billion, a PE ratio of 20.03 and a beta of 1.25.

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.