Cornerstone Wealth LLC TN Takes Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Cornerstone Wealth LLC TN acquired a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,993 shares of the company’s stock, valued at approximately $553,000.

A number of other institutional investors and hedge funds have also modified their holdings of AIRR. Jane Street Group LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 115.9% during the first quarter. Jane Street Group LLC now owns 17,464 shares of the company’s stock valued at $1,191,000 after buying an additional 9,374 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at about $348,000. Raymond James Financial Inc. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock valued at $134,041,000 after acquiring an additional 13,099 shares during the last quarter. Ausdal Financial Partners Inc. grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 144.9% in the second quarter. Ausdal Financial Partners Inc. now owns 10,488 shares of the company’s stock worth $854,000 after acquiring an additional 6,205 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% during the second quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock valued at $493,757,000 after purchasing an additional 220,666 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 4.9%

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $110.36 on Thursday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $83.33 and a twelve month high of $135.05. The company’s 50 day moving average is $126.35 and its 200 day moving average is $120.59. The company has a market cap of $9.53 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27.

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.