(AIRR) First Trust RBA American - Ratings and Ratios

The First Trust RBA American Industrial RenaissanceTM ETF (NASDAQ:AIRR) is designed to track the performance of small and mid-cap U.S. companies within the industrial and community banking sectors. The fund typically allocates at least 90% of its net assets to the equity securities included in its underlying index. This index is structured to capture the growth potential of these sectors, which are often tied to domestic economic activity and infrastructure development. The ETF provides exposure to a niche segment of the market, focusing on companies that are integral to the resurgence of U.S. industrial activity and regional banking stability.

From a technical standpoint, AIRR is currently trading at $69.71, with its 20-day SMA at $66.98 and 50-day SMA at $69.44. The 200-day SMA stands at $74.66, indicating a recent downtrend. The Average True Range (ATR) of 2.54 suggests moderate volatility. Based on these metrics, the 3-month forecast projects potential price fluctuations between $65 and $73, influenced by the convergence of its moving averages. The funds assets under management (AUM) of $3.037 billion highlight its appeal among investors seeking targeted exposure to U.S. industrials and banking sectors.