Cascade Financial Partners LLC Takes Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Cascade Financial Partners LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 2,850 shares of the company’s stock, valued at approximately $220,000.

A number of other hedge funds also recently modified their holdings of AIRR. Morse Asset Management Inc bought a new position in First Trust RBA American Industrial Renaissance ETF during the third quarter valued at $25,000. Farther Finance Advisors LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $26,000. Howe & Rusling Inc. bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $40,000. Stonebridge Financial Group LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $45,000. Finally, SBI Securities Co. Ltd. bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at about $53,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.4 %

NASDAQ AIRR opened at $68.47 on Thursday. The company has a market cap of $3.00 billion, a PE ratio of 20.03 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $61.36 and a 52 week high of $86.95. The firm’s 50-day simple moving average is $77.07 and its two-hundred day simple moving average is $77.38.

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.