First Trust RBA American Industrial RenaissanceTM ETF [AIRR] Stock Forecast

The recent surge in American reshoring, the process of bringing back manufacturing and production activities to the United States from overseas, has gained significant momentum.

The recent surge in American reshoring, the process of bringing back manufacturing and production activities to the United States from overseas, has gained significant momentum.

The index plummeted all the way down to -31.8, the lowest since January when the index reached a slightly worse -32.9. The month-over-month declines across many categories were nothing short of historic in May.

Making its debut on 03/10/2014, smart beta exchange traded fund First Trust RBA American Industrial Renaissance ETF (AIRR) provides investors broad exposure to the Industrials ETFs category of the market.

Designed to provide broad exposure to the Industrials - Broad segment of the equity market, the First Trust RBA American Industrial Renaissance ETF (AIRR) is a passively managed exchange traded fund launched on 03/10/2014.

Smart Beta ETF report for AIRR

Sector ETF report for AIRR

Industrial ETF hit a 52-week high lately. Can it soar higher?

AIRR is a solid ETF to target the U.S. industrial revival investment theme via small- and mid-cap stocks. AIRR has a portfolio of 49 equities, with about 9.2% of the net assets allocated to 18 stocks from the GICS financial sector and the rest deployed to industrials.

Sector ETF report for AIRR