Next Level Private LLC Has $31.22 Million Stock Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Next Level Private LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 234,279 shares of the company’s stock after purchasing an additional 11,538 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for 6.1% of Next Level Private LLC’s investment portfolio, making the stock its 2nd largest holding. Next Level Private LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $31,218,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 115.9% in the first quarter. Jane Street Group LLC now owns 17,464 shares of the company’s stock valued at $1,191,000 after acquiring an additional 9,374 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth about $348,000. Raymond James Financial Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock worth $134,041,000 after purchasing an additional 13,099 shares during the last quarter. Ausdal Financial Partners Inc. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 144.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 10,488 shares of the company’s stock valued at $854,000 after purchasing an additional 6,205 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock valued at $493,757,000 after purchasing an additional 220,666 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ:AIRR opened at $123.54 on Monday. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $87.67 and a 52-week high of $135.05. The company has a market capitalization of $10.72 billion, a P/E ratio of 21.40 and a beta of 1.28. The company has a 50-day simple moving average of $125.34 and a 200 day simple moving average of $121.06.

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.