Precedent Wealth Partners LLC Buys 20,550 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Precedent Wealth Partners LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 32.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,322 shares of the company’s stock after acquiring an additional 20,550 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up about 1.7% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its 14th largest holding. Precedent Wealth Partners LLC owned about 0.13% of First Trust RBA American Industrial Renaissance ETF worth $8,192,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Armstrong Advisory Group Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $33,000. Hazlett Burt & Watson Inc. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 200.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock worth $36,000 after purchasing an additional 240 shares during the period. CIBC Private Wealth Group LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 107.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after purchasing an additional 260 shares in the last quarter. Main Street Group LTD bought a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth about $64,000. Finally, Founders Financial Alliance LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at about $80,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $107.59 on Friday. The firm has a market cap of $7.49 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. The stock’s 50-day moving average is $114.62 and its 200-day moving average is $103.42. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $123.54.

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.