Royal Bank of Canada Purchases 235,464 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Royal Bank of Canada boosted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 19.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,430,725 shares of the company’s stock after purchasing an additional 235,464 shares during the period. Royal Bank of Canada’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $158,496,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Sankala Group LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at approximately $25,000. Truvestments Capital LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $31,000. Torren Management LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth approximately $43,000. Park Square Financial Group LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $47,000. Finally, CIBC Private Wealth Group LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 107.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after acquiring an additional 260 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of NASDAQ:AIRR opened at $115.22 on Friday. The company’s 50 day simple moving average is $126.16 and its 200 day simple moving average is $120.64. The stock has a market capitalization of $9.97 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $83.33 and a 1 year high of $135.05.

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.