Bank of America Corp DE Buys 1,036,237 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Bank of America Corp DE increased its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 17.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,102,044 shares of the company’s stock after purchasing an additional 1,036,237 shares during the period. Bank of America Corp DE owned approximately 11.56% of First Trust RBA American Industrial Renaissance ETF worth $686,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in AIRR. BNP Paribas Financial Markets lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 800.0% in the third quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock valued at $43,506,000 after purchasing an additional 400,000 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 10.3% during the third quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock worth $175,663,000 after buying an additional 170,254 shares during the period. UBS Group AG grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 7.9% during the third quarter. UBS Group AG now owns 1,917,883 shares of the company’s stock worth $185,421,000 after buying an additional 140,507 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 33.6% during the third quarter. Envestnet Asset Management Inc. now owns 377,267 shares of the company’s stock worth $36,474,000 after buying an additional 94,885 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in First Trust RBA American Industrial Renaissance ETF by 134.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 150,190 shares of the company’s stock valued at $14,520,000 after buying an additional 86,173 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ AIRR opened at $110.53 on Tuesday. The stock has a market capitalization of $7.70 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. The stock’s 50 day moving average price is $114.27 and its two-hundred day moving average price is $103.06. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $123.54.

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.