Kestra Private Wealth Services LLC Buys 18,796 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Kestra Private Wealth Services LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 25.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 92,534 shares of the company’s stock after acquiring an additional 18,796 shares during the period. Kestra Private Wealth Services LLC owned 0.12% of First Trust RBA American Industrial Renaissance ETF worth $10,251,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its stake in First Trust RBA American Industrial Renaissance ETF by 2,619.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock valued at $1,041,002,000 after purchasing an additional 10,198,584 shares in the last quarter. Bank of America Corp DE boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. Morgan Stanley grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% in the 4th quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock valued at $519,083,000 after buying an additional 575,709 shares during the period. Raymond James Financial Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 28.0% in the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock valued at $228,633,000 after buying an additional 508,440 shares in the last quarter. Finally, LPL Financial LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 12.0% in the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock valued at $449,345,000 after buying an additional 490,347 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR stock opened at $132.92 on Friday. The stock’s 50 day simple moving average is $127.52 and its 200 day simple moving average is $116.78. The company has a market cap of $10.59 billion, a P/E ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $79.64 and a fifty-two week high of $135.05.

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.