First Trust RBA American Industrial Renaissance ETF $AIRR Stake Lowered by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. lowered its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 60.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,513 shares of the company’s stock after selling 51,383 shares during the period. Valley Wealth Managers Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $3,460,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of AIRR. Sankala Group LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at approximately $25,000. Abound Wealth Management acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter worth approximately $33,000. Torren Management LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter worth $43,000. Steigerwald Gordon & Koch Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 105.7% in the first quarter. Steigerwald Gordon & Koch Inc. now owns 469 shares of the company’s stock worth $52,000 after buying an additional 241 shares during the last quarter. Finally, SBI Securities Co. Ltd. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 242.9% in the second quarter. SBI Securities Co. Ltd. now owns 480 shares of the company’s stock valued at $64,000 after acquiring an additional 340 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $104.19 on Friday. The company has a market capitalization of $9.00 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $90.51 and a 12 month high of $135.05. The company’s fifty day moving average price is $111.13 and its two-hundred day moving average price is $119.40.

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.