LPL Financial LLC Grows Stock Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

LPL Financial LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 42.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,654,421 shares of the company’s stock after buying an additional 794,494 shares during the quarter. LPL Financial LLC owned about 6.06% of First Trust RBA American Industrial Renaissance ETF worth $204,497,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Morse Asset Management Inc purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $25,000. Stonebridge Financial Group LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at approximately $45,000. SBI Securities Co. Ltd. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at approximately $53,000. Archer Investment Corp purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at approximately $58,000. Finally, Private Trust Co. NA raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% in the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock valued at $69,000 after purchasing an additional 800 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.8 %

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $69.63 on Monday. The firm has a market capitalization of $3.17 billion, a P/E ratio of 22.32 and a beta of 1.28. The company has a 50 day moving average price of $75.73 and a 200 day moving average price of $77.24. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $61.36 and a 52 week high of $86.95.

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.