ARQ Wealth Advisors LLC Decreases Position in First Trust RBA American Industrial Renaissance ETF $AIRR

ARQ Wealth Advisors LLC trimmed its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 20.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,756 shares of the company’s stock after selling 8,204 shares during the period. ARQ Wealth Advisors LLC owned about 0.05% of First Trust RBA American Industrial Renaissance ETF worth $3,167,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings 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 in the last quarter. BNP Paribas Financial Markets boosted its position in First Trust RBA American Industrial Renaissance ETF by 800.0% during the third quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock worth $43,506,000 after acquiring an additional 400,000 shares during the last quarter. Raymond James Financial Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF by 10.3% during the 3rd quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock valued at $175,663,000 after acquiring an additional 170,254 shares in the last quarter. UBS Group AG grew its stake in First Trust RBA American Industrial Renaissance ETF by 7.9% during the 3rd quarter. UBS Group AG now owns 1,917,883 shares of the company’s stock valued at $185,421,000 after acquiring an additional 140,507 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at about $13,554,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

AIRR opened at $111.39 on Wednesday. The company’s 50 day simple moving average is $114.39 and its two-hundred day simple moving average is $103.20. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $123.54. The firm has a market capitalization of $7.76 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29.

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.