Cardinal Point Capital Management ULC Buys 6,290 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Cardinal Point Capital Management ULC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 32.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 25,535 shares of the company’s stock after acquiring an additional 6,290 shares during the period. Cardinal Point Capital Management ULC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,636,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE grew its position in First Trust RBA American Industrial Renaissance ETF by 11.6% during the first quarter. Bank of America Corp DE now owns 9,675,697 shares of the company’s stock worth $1,071,874,000 after buying an additional 1,004,172 shares during the period. Royal Bank of Canada increased its holdings in First Trust RBA American Industrial Renaissance ETF by 19.7% in the first quarter. Royal Bank of Canada now owns 1,430,725 shares of the company’s stock valued at $158,496,000 after buying an additional 235,464 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 4.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 816,728 shares of the company’s stock valued at $108,829,000 after acquiring an additional 31,869 shares during the period. Cetera Investment Advisers lifted its position in shares of 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 valued at $85,060,000 after acquiring an additional 171,527 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 5.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 510,524 shares of the company’s stock valued at $68,027,000 after acquiring an additional 27,643 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $99.24 on Thursday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $90.51 and a 1-year high of $135.05. The stock has a market cap of $8.59 billion, a P/E ratio of 21.40 and a beta of 1.28. The stock’s 50 day simple moving average is $107.58 and its 200 day simple moving average is $118.85.

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.