Mirae Asset Global Investments Co. Ltd. Buys 146,000 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Mirae Asset Global Investments Co. Ltd. increased its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 104.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 286,000 shares of the company’s stock after purchasing an additional 146,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.28% of First Trust RBA American Industrial Renaissance ETF worth $38,110,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Mach 1 Financial Group LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth $5,248,000. Rockport Wealth LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at about $9,574,000. Janney Montgomery Scott LLC grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 9.9% in the first quarter. Janney Montgomery Scott LLC now owns 235,602 shares of the company’s stock valued at $26,100,000 after purchasing an additional 21,286 shares during the last quarter. RFG Advisory LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 105.3% in the fourth quarter. RFG Advisory LLC now owns 38,811 shares of the company’s stock worth $3,816,000 after purchasing an additional 19,909 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock worth $1,041,002,000 after purchasing an additional 10,198,584 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ AIRR opened at $122.78 on Friday. The stock has a 50-day simple moving average of $124.85 and a 200 day simple moving average of $121.33. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $87.67 and a twelve month high of $135.05. The stock has a market capitalization of $10.66 billion, a PE ratio of 21.40 and a beta of 1.28.

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.