RFG Advisory LLC Has $5.32 Million Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

RFG Advisory LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 95.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,100 shares of the company’s stock after buying an additional 33,753 shares during the period. RFG Advisory LLC owned about 0.18% of First Trust RBA American Industrial Renaissance ETF worth $5,323,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 73.6% in the second quarter. Envestnet Asset Management Inc. now owns 127,205 shares of the company’s stock worth $8,689,000 after purchasing an additional 53,927 shares during the last quarter. Renaissance Technologies LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth about $205,000. AE Wealth Management LLC grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 5.8% in the 2nd quarter. AE Wealth Management LLC now owns 12,885 shares of the company’s stock valued at $880,000 after buying an additional 704 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 31.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 142,417 shares of the company’s stock valued at $9,729,000 after buying an additional 34,327 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 19.0% in the second quarter. NewEdge Advisors LLC now owns 20,339 shares of the company’s stock worth $1,389,000 after acquiring an additional 3,243 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ:AIRR opened at $83.77 on Friday. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $54.47 and a fifty-two week high of $86.95. The company has a 50 day simple moving average of $81.33 and a two-hundred day simple moving average of $76.14. The company has a market capitalization of $3.43 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.0561 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust RBA American Industrial Renaissance ETF

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.