The First Trust RBA American Industrial Renaissance ETF (AIRR) is a publicly traded exchange-traded fund (ETF) that seeks to track the performance of companies that are expected to benefit from the revival of American manufacturing. The fund was launched in 2014 and is managed by First Trust Advisors.
AIRR's portfolio consists of small and mid-cap companies that are involved in the manufacturing sector, including companies that produce machinery, electrical equipment, transportation equipment, and other industrial products. The fund's investment strategy is based on the Renaissance in U.S. manufacturing, driven by lower energy costs, technological advancements, and increased demand for domestic production.
AIRR's stock is publicly traded on the NASDAQ stock exchange under the ticker symbol "AIRR". As an ETF, AIRR provides investors with exposure to a diversified portfolio of industrial manufacturing companies. The price of AIRR's stock may fluctuate based on market conditions, changes in the fund's underlying portfolio, and other factors. Investors interested in purchasing AIRR's stock should carefully consider their investment goals, risk tolerance, and financial situation before making any investment decisions. Additionally, AIRR may be subject to risks related to the manufacturing sector, including changes in demand, competition, and regulatory risks.
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