Gateway Wealth Partners LLC Has $2.95 Million Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Gateway Wealth Partners LLC raised its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 186.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,638 shares of the company’s stock after purchasing an additional 17,334 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,951,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in AIRR. Waverly Advisors LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 56.2% during the first quarter. Waverly Advisors LLC now owns 13,247 shares of the company’s stock worth $1,468,000 after purchasing an additional 4,767 shares during the last quarter. Renaissance Technologies LLC raised its holdings in First Trust RBA American Industrial Renaissance ETF by 2.5% in the 1st quarter. Renaissance Technologies LLC now owns 12,200 shares of the company’s stock valued at $1,352,000 after buying an additional 300 shares during the last quarter. Compound Planning Inc. boosted its position in First Trust RBA American Industrial Renaissance ETF by 27.5% during the 1st quarter. Compound Planning Inc. now owns 4,070 shares of the company’s stock worth $451,000 after buying an additional 877 shares during the period. Cetera Investment Advisers grew its holdings in First Trust RBA American Industrial Renaissance ETF by 28.8% during the 1st quarter. Cetera Investment Advisers now owns 767,824 shares of the company’s stock worth $85,060,000 after acquiring an additional 171,527 shares during the last quarter. Finally, Envision Financial Transparency LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 1st quarter worth approximately $796,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ AIRR opened at $120.41 on Tuesday. The firm has a 50 day moving average price of $126.78 and a two-hundred day moving average price of $120.47. The stock has a market cap of $10.40 billion, a P/E ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $83.33 and a 52-week high of $135.05.

First Trust RBA American Industrial Renaissance ETF Company 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.