3,770 Shares in First Trust RBA American Industrial Renaissance ETF $AIRR Purchased by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 3,770 shares of the company’s stock, valued at approximately $418,000.

A number of other hedge funds have also made changes to their positions in AIRR. Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% in 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 acquiring an additional 10,198,584 shares during the last quarter. Bank of America Corp DE raised its stake in First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after purchasing an additional 1,036,237 shares during the last quarter. Morgan Stanley lifted its holdings 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 purchasing an additional 575,709 shares in the last quarter. LPL Financial LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 12.0% in the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock valued at $449,345,000 after purchasing an additional 490,347 shares in the last quarter. Finally, Raymond James Financial Inc. boosted 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 worth $228,633,000 after purchasing an additional 508,440 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.9%

First Trust RBA American Industrial Renaissance ETF stock opened at $132.92 on Friday. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $79.64 and a 52-week high of $135.05. The firm has a market capitalization of $10.59 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The company has a fifty day simple moving average of $127.52 and a 200-day simple moving average of $116.78.

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.