First Trust RBA American Industrial Renaissance ETF $AIRR Shares Sold by Parcion Private Wealth LLC

Parcion Private Wealth LLC lessened its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 493,820 shares of the company’s stock after selling 5,958 shares during the period. First Trust RBA American Industrial Renaissance ETF comprises about 2.8% of Parcion Private Wealth LLC’s holdings, making the stock its 7th biggest position. Parcion Private Wealth LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $50,982,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Partners Wealth Management LLC bought a new position in First Trust RBA American Industrial Renaissance ETF during the third quarter valued at about $276,000. Founders Financial Securities LLC raised its holdings in First Trust RBA American Industrial Renaissance ETF by 4.9% in the 3rd quarter. Founders Financial Securities LLC now owns 7,241 shares of the company’s stock valued at $748,000 after acquiring an additional 338 shares in the last quarter. Cornerstone Wealth LLC TN lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 41.4% in the 3rd quarter. Cornerstone Wealth LLC TN now owns 6,967 shares of the company’s stock worth $666,000 after acquiring an additional 2,040 shares during the period. Foundry Financial Group Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 26.6% in the 3rd quarter. Foundry Financial Group Inc. now owns 44,996 shares of the company’s stock worth $4,645,000 after acquiring an additional 9,448 shares during the period. Finally, D.A. Davidson & CO. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 2.2% in the 3rd quarter. D.A. Davidson & CO. now owns 37,101 shares of the company’s stock worth $3,830,000 after acquiring an additional 783 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 3.1%

Shares of NASDAQ:AIRR opened at $98.57 on Friday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $90.51 and a 1-year high of $135.05. The firm has a market capitalization of $8.37 billion, a PE ratio of 21.40 and a beta of 1.28. The business’s 50 day moving average is $104.63 and its 200-day moving average is $116.74.

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.