Northwestern Mutual Wealth Management Co. Buys 27,643 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 510,524 shares of the company’s stock after acquiring an additional 27,643 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.59% of First Trust RBA American Industrial Renaissance ETF worth $68,027,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Koshinski Asset Management Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.9% in the 1st quarter. Koshinski Asset Management Inc. now owns 2,186 shares of the company’s stock worth $242,000 after purchasing an additional 82 shares during the last quarter. Altus Wealth Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 1.0% during the 1st quarter. Altus Wealth Group LLC now owns 8,884 shares of the company’s stock valued at $984,000 after purchasing an additional 86 shares during the last quarter. Condor Capital Management lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 2.1% during the 4th quarter. Condor Capital Management now owns 4,419 shares of the company’s stock valued at $435,000 after purchasing an additional 89 shares during the last quarter. Sound Income Strategies LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 10.8% in the first quarter. Sound Income Strategies LLC now owns 927 shares of the company’s stock valued at $105,000 after buying an additional 90 shares in the last quarter. Finally, Cozad Asset Management Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF by 4.6% during the first quarter. Cozad Asset Management Inc. now owns 2,189 shares of the company’s stock worth $242,000 after buying an additional 96 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 2.0%

NASDAQ AIRR opened at $106.04 on Wednesday. The firm has a market cap of $9.20 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The company has a 50 day moving average of $121.10 and a 200-day moving average of $121.31. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $89.50 and a 1-year high of $135.05.

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.