Foundry Financial Group Inc. Purchases Shares of 33,196 First Trust RBA American Industrial Renaissance ETF $AIRR

Foundry Financial Group Inc. purchased a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,196 shares of the company’s stock, valued at approximately $3,677,000. First Trust RBA American Industrial Renaissance ETF accounts for 1.8% of Foundry Financial Group Inc.’s investment portfolio, making the stock its 16th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AIRR. Sankala Group LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at $25,000. Truvestments Capital LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth $31,000. Park Square Financial Group LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth $47,000. CIBC Private Wealth Group LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 107.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after buying an additional 260 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 41.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 510 shares of the company’s stock valued at $51,000 after acquiring an additional 150 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.5%

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $131.58 on Tuesday. The company has a market capitalization of $10.49 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The stock’s 50-day simple moving average is $127.91 and its 200-day simple moving average is $117.23. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $80.97 and a 52 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.