HBW Advisory Services LLC Buys 9,298 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

HBW Advisory Services LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 11.8% in the first quarter, Holdings Channel reports. The institutional investor owned 88,116 shares of the company’s stock after purchasing an additional 9,298 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for approximately 1.0% of HBW Advisory Services LLC’s holdings, making the stock its 22nd biggest position. HBW Advisory Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $9,762,000 at the end of the most recent reporting period.

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

First Trust RBA American Industrial Renaissance ETF Trading Down 1.7%

Shares of AIRR stock opened at $121.53 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $82.22 and a 12 month high of $135.05. The company has a market capitalization of $10.57 billion, a P/E ratio of 21.40 and a beta of 1.27. The stock has a 50 day moving average of $128.21 and a two-hundred day moving average of $119.00.

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.