Sigma Planning Corp Grows Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Sigma Planning Corp raised its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 17.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 67,384 shares of the company’s stock after acquiring an additional 10,108 shares during the period. Sigma Planning Corp’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $8,979,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% during 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. Bank of America Corp DE increased its stake in First Trust RBA American Industrial Renaissance ETF by 11.6% in the first quarter. Bank of America Corp DE now owns 9,675,697 shares of the company’s stock valued at $1,071,874,000 after purchasing an additional 1,004,172 shares during the last quarter. Morgan Stanley increased its stake in First Trust RBA American Industrial Renaissance ETF by 12.2% in the fourth quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock valued at $519,083,000 after purchasing an additional 575,709 shares during the last quarter. LPL Financial LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 12.0% during the fourth quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock worth $449,345,000 after buying an additional 490,347 shares during the period. Finally, Raymond James Financial Inc. lifted its position in First Trust RBA American Industrial Renaissance ETF by 28.0% during the fourth quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock worth $228,633,000 after buying an additional 508,440 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ:AIRR opened at $109.48 on Monday. The stock’s 50-day moving average price is $122.07 and its two-hundred day moving average price is $121.49. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $89.50 and a 12-month high of $135.05. The firm has a market cap of $9.50 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28.

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.