Waverly Advisors LLC Has $1.47 Million Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Waverly Advisors LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 56.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,247 shares of the company’s stock after purchasing an additional 4,767 shares during the quarter. Waverly Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,468,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 worth $1,041,002,000 after purchasing an additional 10,198,584 shares during the last quarter. Morgan Stanley grew its position 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 last quarter. Raymond James Financial Inc. grew its position in shares of 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 during the last quarter. LPL Financial LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 12.0% in the fourth 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 during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% in the third quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock valued at $43,506,000 after buying an additional 400,000 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR opened at $117.05 on Friday. The business has a 50-day moving average of $126.00 and a 200-day moving average of $120.62. The company has a market capitalization of $10.12 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. 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.