RFG Advisory LLC Decreases Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

RFG Advisory LLC lowered its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 46.7% during the first quarter, Holdings Channel.com reports. The fund owned 20,675 shares of the company’s stock after selling 18,136 shares during the quarter. RFG Advisory LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sankala Group LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth $25,000. Truvestments Capital LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at $31,000. Park Square Financial Group LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at about $47,000. CIBC Private Wealth Group LLC grew its position in shares of 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 valued at $49,000 after purchasing an additional 260 shares during the period. Finally, Hazlett Burt & Watson Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 41.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 510 shares of the company’s stock worth $51,000 after purchasing an additional 150 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 2.3%

AIRR opened at $129.86 on Friday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $80.80 and a twelve month high of $135.05. The company has a 50-day moving average price of $127.69 and a 200 day moving average price of $116.87. The company has a market cap of $10.35 billion, a PE ratio of 21.40 and a beta of 1.27.

About First Trust RBA American Industrial Renaissance ETF

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.