184,787 Shares in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 184,787 shares of the company’s stock, valued at approximately $14,236,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $400,000. Silver Oak Securities Incorporated purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at approximately $857,000. Bleakley Financial Group LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 1.6% in the 4th quarter. Bleakley Financial Group LLC now owns 20,048 shares of the company’s stock valued at $1,544,000 after purchasing an additional 325 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 12.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 282,793 shares of the company’s stock valued at $21,823,000 after purchasing an additional 31,000 shares in the last quarter. Finally, Y.D. More Investments Ltd purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at approximately $277,000.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.7 %

Shares of AIRR opened at $79.61 on Friday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $57.71 and a twelve month high of $86.95. The stock’s 50 day moving average is $80.30 and its two-hundred day moving average is $76.82. The firm has a market capitalization of $3.49 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.0561 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust RBA American Industrial Renaissance ETF Profile

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.