NewEdge Advisors LLC Sells 22,759 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

NewEdge Advisors LLC lowered its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 15.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 124,132 shares of the company’s stock after selling 22,759 shares during the period. NewEdge Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $13,751,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of AIRR. Sankala Group LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $25,000. Truvestments Capital LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth $31,000. Torren Management LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the 1st quarter worth $43,000. Park Square Financial Group LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth $47,000. Finally, CIBC Private Wealth Group LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 107.4% in the third quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after purchasing an additional 260 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 4.9%

NASDAQ AIRR opened at $110.36 on Thursday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $83.33 and a 1-year high of $135.05. The stock has a 50-day moving average of $126.35 and a 200-day moving average of $120.59. The firm has a market cap of $9.53 billion, a PE ratio of 21.40 and a beta of 1.27.

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.