Fifth Third Bancorp Makes New Investment in First Trust RBA American Industrial Renaissance ETF $AIRR

Fifth Third Bancorp purchased a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 31,246 shares of the company’s stock, valued at approximately $3,461,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Fearless Solutions LLC dba Best Invest lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 51.6% in the 4th quarter. Fearless Solutions LLC dba Best Invest now owns 22,018 shares of the company’s stock worth $2,165,000 after purchasing an additional 7,490 shares in the last quarter. WealthBridge Capital Management LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 13.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 47,898 shares of the company’s stock valued at $4,709,000 after purchasing an additional 5,789 shares during the period. Mach 1 Financial Group LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at $5,248,000. Redhawk Wealth Advisors Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at $685,000. Finally, Daymark Wealth Partners LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 19.5% during the 4th quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock valued at $7,313,000 after purchasing an additional 12,127 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $121.12 on Monday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $82.39 and a 1-year high of $135.05. The firm has a market capitalization of $10.57 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The firm’s fifty day moving average price is $127.59 and its two-hundred day moving average price is $119.59.

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.