First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Bought by LPL Financial LLC

LPL Financial LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 42.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,654,421 shares of the company’s stock after acquiring an additional 794,494 shares during the period. LPL Financial LLC owned about 0.06% of First Trust RBA American Industrial Renaissance ETF worth $204,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Morse Asset Management Inc acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $25,000. Stonebridge Financial Group LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $45,000. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $53,000. Archer Investment Corp acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $58,000. Finally, Private Trust Co. NA grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% during the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $69,000 after purchasing an additional 800 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ AIRR opened at $69.63 on Monday. The stock has a market capitalization of $3.17 billion, a price-to-earnings ratio of 22.32 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $61.36 and a 12 month high of $86.95. The firm’s 50 day simple moving average is $75.73 and its 200-day simple moving average is $77.24.

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.