Rockport Wealth LLC Cuts Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Rockport Wealth LLC lessened its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.2% during the 1st quarter, Holdings Channel reports. The firm owned 92,308 shares of the company’s stock after selling 5,069 shares during the period. First Trust RBA American Industrial Renaissance ETF comprises about 1.9% of Rockport Wealth LLC’s portfolio, making the stock its 18th biggest holding. Rockport Wealth LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $10,224,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 9.7% in the 1st quarter. D.A. Davidson & CO. now owns 34,907 shares of the company’s stock worth $3,867,000 after purchasing an additional 3,089 shares during the period. Blackhawk Capital Partners LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the first quarter valued at approximately $508,000. Geneos Wealth Management Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 7.1% during the first quarter. Geneos Wealth Management Inc. now owns 11,656 shares of the company’s stock valued at $1,291,000 after buying an additional 774 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 10.1% in the first quarter. Sanctuary Advisors LLC now owns 277,294 shares of the company’s stock worth $30,719,000 after buying an additional 25,446 shares in the last quarter. Finally, Sigma Planning Corp lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 19.0% in the first quarter. Sigma Planning Corp now owns 57,276 shares of the company’s stock worth $6,345,000 after buying an additional 9,151 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ:AIRR opened at $123.23 on Thursday. The firm has a market cap of $10.76 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The firm has a fifty day moving average price of $127.89 and a 200 day moving average price of $119.30. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $82.22 and a fifty-two week high of $135.05.

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.