Altus Wealth Group LLC Buys Shares of 6,630 First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Altus Wealth Group LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 6,630 shares of the company’s stock, valued at approximately $511,000.

Other institutional investors have also recently made changes to their positions in the company. Morse Asset Management Inc purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the third quarter worth about $25,000. Farther Finance Advisors LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth approximately $26,000. Howe & Rusling Inc. bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter valued at approximately $40,000. Stonebridge Financial Group LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at approximately $45,000. Finally, SBI Securities Co. Ltd. bought a new position in First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth approximately $53,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 2.7 %

Shares of NASDAQ AIRR opened at $69.06 on Friday. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $61.36 and a 12-month high of $86.95. The stock’s fifty day simple moving average is $76.51 and its two-hundred day simple moving average is $77.26. The stock has a market capitalization of $3.02 billion, a PE ratio of 20.03 and a beta of 1.25.

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.