Fagan Associates Inc. Buys 5,580 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Fagan Associates Inc. grew its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 6.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 89,906 shares of the company’s stock after purchasing an additional 5,580 shares during the quarter. Fagan Associates Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $9,282,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 11.6% during the first quarter. Bank of America Corp DE now owns 9,675,697 shares of the company’s stock worth $1,071,874,000 after acquiring an additional 1,004,172 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 19.7% in the first 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. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.1% in the second 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 increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 28.8% in the first 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 second quarter. Northwestern Mutual Wealth Management Co. now owns 510,524 shares of the company’s stock worth $68,027,000 after purchasing an additional 27,643 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.4%

Shares of AIRR traded down $0.39 on Tuesday, hitting $102.62. The company’s stock had a trading volume of 1,516,893 shares, compared to its average volume of 761,250. The firm’s fifty day moving average price is $110.79 and its 200-day moving average price is $119.40. 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. The firm has a market capitalization of $8.86 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28.

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.