Fifth Third Bancorp Takes Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Fifth Third Bancorp 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 Securities and Exchange Commission (SEC). The institutional investor acquired 31,246 shares of the company’s stock, valued at approximately $3,461,000.

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

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ:AIRR opened at $121.12 on Monday. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $82.39 and a 12 month high of $135.05. The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The firm has a fifty day simple moving average of $127.59 and a two-hundred day simple moving average of $119.59.

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.