Gateway Wealth Partners LLC Has $2.95 Million Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Gateway Wealth Partners LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 186.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,638 shares of the company’s stock after acquiring an additional 17,334 shares during the period. Gateway Wealth Partners LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,951,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Waverly Advisors LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 56.2% in the 1st quarter. Waverly Advisors LLC now owns 13,247 shares of the company’s stock valued at $1,468,000 after purchasing an additional 4,767 shares during the period. Renaissance Technologies LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 2.5% during the first quarter. Renaissance Technologies LLC now owns 12,200 shares of the company’s stock worth $1,352,000 after purchasing an additional 300 shares during the period. Compound Planning Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 27.5% in the first quarter. Compound Planning Inc. now owns 4,070 shares of the company’s stock worth $451,000 after purchasing an additional 877 shares in the last quarter. Cetera Investment Advisers increased its holdings in First Trust RBA American Industrial Renaissance ETF by 28.8% in the first quarter. Cetera Investment Advisers now owns 767,824 shares of the company’s stock worth $85,060,000 after purchasing an additional 171,527 shares in the last quarter. Finally, Envision Financial Transparency LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF in the first quarter worth approximately $796,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $120.41 on Tuesday. The firm has a market cap of $10.40 billion, a PE ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $83.33 and a 52-week high of $135.05. The business’s 50 day moving average price is $126.78 and its two-hundred day moving average price is $120.47.

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.