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

Royal Bank of Canada lifted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 19.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,430,725 shares of the company’s stock after buying an additional 235,464 shares during the quarter. Royal Bank of Canada owned about 1.80% of First Trust RBA American Industrial Renaissance ETF worth $158,496,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Sankala Group LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $25,000. Truvestments Capital LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $31,000. Torren Management LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth approximately $43,000. Park Square Financial Group LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth approximately $47,000. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 107.4% during the third quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after purchasing an additional 260 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Up 4.4%

NASDAQ AIRR opened at $115.22 on Friday. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The company has a 50 day moving average of $126.16 and a 200-day moving average of $120.64. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $83.33 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.