First Trust RBA American Industrial Renaissance ETF $AIRR Position Raised by Southern Capital Services Inc. ADV

Southern Capital Services Inc. ADV raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 7.3% in the first quarter, Holdings Channel.com reports. The firm owned 70,737 shares of the company’s stock after purchasing an additional 4,809 shares during the period. First Trust RBA American Industrial Renaissance ETF comprises 5.0% of Southern Capital Services Inc. ADV’s portfolio, making the stock its 6th largest holding. Southern Capital Services Inc. ADV’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $7,836,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. 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 acquiring an additional 10,198,584 shares during the last quarter. Bank of America Corp DE raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares during the last quarter. Morgan Stanley boosted its stake in 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 worth $519,083,000 after purchasing an additional 575,709 shares in the last quarter. Raymond James Financial Inc. boosted its stake in 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 worth $228,633,000 after purchasing an additional 508,440 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 12.0% in the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock worth $449,345,000 after purchasing an additional 490,347 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR stock opened at $122.56 on Thursday. The company has a market capitalization of $10.64 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a one year low of $82.22 and a one year high of $135.05. The company’s 50-day moving average is $128.27 and its 200 day moving average is $118.53.

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.