Commonwealth Equity Services LLC Boosts Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Commonwealth Equity Services LLC lifted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 35.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 274,092 shares of the company’s stock after purchasing an additional 71,081 shares during the period. Commonwealth Equity Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $21,116,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 184.3% during the 3rd quarter. Jane Street Group LLC now owns 30,051 shares of the company’s stock worth $2,244,000 after acquiring an additional 19,481 shares during the period. FMR LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 62.5% in the third quarter. FMR LLC now owns 2,705 shares of the company’s stock worth $202,000 after purchasing an additional 1,040 shares during the period. Benjamin Edwards Inc. purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter worth $2,455,000. JPMorgan Chase & Co. boosted its stake in First Trust RBA American Industrial Renaissance ETF by 121.6% during the third quarter. JPMorgan Chase & Co. now owns 50,548 shares of the company’s stock valued at $3,774,000 after buying an additional 27,739 shares during the period. Finally, Nations Financial Group Inc. IA ADV bought a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at $267,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 2.7 %

Shares of NASDAQ AIRR opened at $69.06 on Monday. The stock’s 50-day simple moving average is $76.51 and its two-hundred day simple moving average is $77.30. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $61.36 and a twelve month high of $86.95. The firm has a market capitalization of $3.02 billion, a P/E ratio of 20.03 and a beta of 1.25.

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.