Focus Financial Network Inc. Has $5.68 Million Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

by · The Markets Daily

Focus Financial Network Inc. cut its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR – Free Report) by 9.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,647 shares of the company’s stock after selling 4,340 shares during the period. Focus Financial Network Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $5,683,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in First Trust RBA American Industrial Renaissance ETF by 2,619.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock worth $1,041,002,000 after purchasing an additional 10,198,584 shares during the period. Bank of America Corp DE increased its holdings in First Trust RBA American Industrial Renaissance ETF by 11.6% in the 1st quarter. Bank of America Corp DE now owns 9,675,697 shares of the company’s stock valued at $1,071,874,000 after buying an additional 1,004,172 shares during the period. Morgan Stanley raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% in the 4th quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock valued at $519,083,000 after buying an additional 575,709 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% in the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock valued at $228,633,000 after buying an additional 508,440 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 12.0% in the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock valued at $449,345,000 after buying an additional 490,347 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ:AIRR opened at $123.54 on Monday. The company has a 50-day moving average of $125.34 and a 200-day moving average of $121.06. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $87.67 and a 52 week high of $135.05. The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of 21.40 and a beta of 1.28.

First Trust RBA American Industrial Renaissance ETF Company Profile

(Free Report)

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.

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