The First Trust RBA American Industrial Renaissance ETF (AIRR) experienced a significant inflow of approximately $177.7 million, marking a 4.3% increase in outstanding units week-over-week, rising from 48,300,002 to 50,400,002 units. This change was recorded recently.
Among AIRR’s largest components, Dycom Industries Inc. (DY) decreased by 0.6%, BWX Technologies Inc. (BWXT) fell by 0.3%, and Primoris Services Corp (PRIM) dropped by 0.5%. The current share price of AIRR is $84.37, situated between a 52-week low of $59.22 and a high of $86.95.
This inflow indicates increased investor demand, as ETFs can create or destroy units based on trading activity, impacting the underlying assets within the ETF.
