Puff Wealth Management LLC Buys New Stake in First Trust RBA American Industrial Renaissance ETF $AIRR

Puff Wealth Management LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 26,506 shares of the company’s stock, valued at approximately $3,532,000. First Trust RBA American Industrial Renaissance ETF accounts for about 3.6% of Puff Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding.

A number of other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock valued at $1,041,002,000 after buying an additional 10,198,584 shares during the period. Bank of America Corp DE grew its holdings 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 acquiring an additional 1,004,172 shares during the period. Morgan Stanley grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% during the 4th quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock worth $519,083,000 after purchasing an additional 575,709 shares during the period. Raymond James Financial Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% during the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock valued at $228,633,000 after purchasing an additional 508,440 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in shares of 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 purchasing an additional 490,347 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $123.54 on Friday. The firm has a 50-day simple moving average of $125.34 and a two-hundred day simple moving average of $121.01. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $87.67 and a fifty-two week high of $135.05. The company has a market cap of $10.72 billion, a P/E ratio of 21.40 and a beta of 1.28.

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.