Axxcess Wealth Management LLC Invests $2.15 Million in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Axxcess Wealth Management LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 27,898 shares of the company’s stock, valued at approximately $2,149,000. Axxcess Wealth Management LLC owned approximately 0.06% of First Trust RBA American Industrial Renaissance ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Morse Asset Management Inc bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $25,000. Howe & Rusling Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $40,000. Stonebridge Financial Group LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $45,000. SBI Securities Co. Ltd. bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $53,000. Finally, Archer Investment Corp bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $58,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 2.0 %

AIRR opened at $70.77 on Thursday. The stock has a market capitalization of $3.22 billion, a P/E ratio of 22.32 and a beta of 1.28. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $61.36 and a 12 month high of $86.95. The firm’s fifty day simple moving average is $76.03 and its 200 day simple moving average is $77.21.

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.