Simplicity Wealth LLC Invests $563,000 in First Trust RBA American Industrial Renaissance ETF $AIRR

Simplicity Wealth LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,083 shares of the company’s stock, valued at approximately $563,000.

Several other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position in 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 valued at $1,041,002,000 after buying an additional 10,198,584 shares during the period. Bank of America Corp DE raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% in the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after acquiring an additional 1,036,237 shares during the period. Morgan Stanley raised its position in shares of 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 worth $519,083,000 after acquiring an additional 575,709 shares during the period. LPL Financial LLC raised its position 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 worth $449,345,000 after acquiring an additional 490,347 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% during the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock worth $228,633,000 after acquiring an additional 508,440 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 1.7%

NASDAQ:AIRR opened at $121.53 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $82.22 and a 52 week high of $135.05. The stock’s 50-day moving average price is $128.21 and its 200-day moving average price is $119.00. The stock has a market capitalization of $10.57 billion, a PE ratio of 21.40 and a beta of 1.27.

About First Trust RBA American Industrial Renaissance ETF

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.