Bank of America Corp DE Buys 1,004,172 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Bank of America Corp DE raised its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 11.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 9,675,697 shares of the company’s stock after buying an additional 1,004,172 shares during the quarter. Bank of America Corp DE owned about 0.12% of First Trust RBA American Industrial Renaissance ETF worth $1,071,874,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AIRR. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust RBA American Industrial Renaissance ETF by 2,619.6% during 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 buying an additional 10,198,584 shares in the last quarter. Morgan Stanley raised its position in First Trust RBA American Industrial Renaissance ETF by 12.2% in the 4th quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock valued at $519,083,000 after buying an additional 575,709 shares during the last quarter. Raymond James Financial Inc. lifted its stake in 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 acquiring an additional 508,440 shares in the last quarter. LPL Financial LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 12.0% during the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock valued at $449,345,000 after acquiring an additional 490,347 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 800.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock worth $43,506,000 after acquiring an additional 400,000 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $117.05 on Friday. The company has a fifty day moving average price of $126.00 and a 200-day moving average price of $120.62. The firm has a market cap of $10.12 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $83.33 and a 1 year high of $135.05.

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.