Proficio Capital Partners LLC Grows Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Proficio Capital Partners LLC grew its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 52.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 333,906 shares of the company’s stock after purchasing an additional 114,425 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for about 1.6% of Proficio Capital Partners LLC’s investment portfolio, making the stock its 15th largest position. Proficio Capital Partners LLC owned about 0.38% of First Trust RBA American Industrial Renaissance ETF worth $44,493,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC lifted its stake 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 period. The Manufacturers Life Insurance Company acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at $348,000. Raymond James Financial Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 0.8% in 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. lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 144.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 10,488 shares of the company’s stock worth $854,000 after purchasing an additional 6,205 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% during the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock worth $493,757,000 after purchasing an additional 220,666 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Down 1.2%

AIRR stock opened at $108.22 on Tuesday. The stock has a market capitalization of $9.39 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $89.50 and a 52-week high of $135.05. The stock’s fifty day simple moving average is $121.57 and its 200-day simple moving average is $121.41.

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.