HighTower Advisors LLC Purchases 168,309 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

HighTower Advisors LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 250.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 235,386 shares of the company’s stock after acquiring an additional 168,309 shares during the quarter. HighTower Advisors LLC owned 0.54% of First Trust RBA American Industrial Renaissance ETF worth $18,134,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 184.3% during the third quarter. Jane Street Group LLC now owns 30,051 shares of the company’s stock worth $2,244,000 after acquiring an additional 19,481 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth $26,000. FMR LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 62.5% during the third quarter. FMR LLC now owns 2,705 shares of the company’s stock worth $202,000 after acquiring an additional 1,040 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth $2,455,000. Finally, JPMorgan Chase & Co. raised its position in First Trust RBA American Industrial Renaissance ETF by 121.6% during the third quarter. JPMorgan Chase & Co. now owns 50,548 shares of the company’s stock worth $3,774,000 after acquiring an additional 27,739 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ:AIRR opened at $69.06 on Friday. First Trust RBA American Industrial Renaissance ETF has a one year low of $61.36 and a one year high of $86.95. The company has a market cap of $3.02 billion, a P/E ratio of 20.03 and a beta of 1.25. The firm’s fifty day moving average price is $76.51 and its two-hundred day moving average price is $77.26.

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.