Sierra Capital LLC Acquires Shares of 8,685 First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Sierra Capital LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,685 shares of the company’s stock, valued at approximately $669,000.

Several other hedge funds have also modified their holdings of AIRR. Morse Asset Management Inc bought a new position in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth approximately $25,000. Farther Finance Advisors LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $26,000. Howe & Rusling Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $40,000. Stonebridge Financial Group LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth $45,000. Finally, Archer Investment Corp acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at $58,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 1.7 %

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $71.74 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $60.45 and a 12 month high of $86.95. The business has a fifty day simple moving average of $78.72 and a 200 day simple moving average of $77.34. The stock has a market cap of $3.14 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

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

First Trust RBA American Industrial Renaissance ETF Company 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.