Condor Capital Management Makes New $258,000 Investment in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Condor Capital Management acquired a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,771 shares of the company’s stock, valued at approximately $258,000.

Other institutional investors have also modified their holdings of the company. Pinnacle Bancorp Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 1st quarter worth about $27,000. Principal Securities Inc. purchased a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at approximately $39,000. Concourse Financial Group Securities Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 80.4% during the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after purchasing an additional 348 shares during the last quarter. Register Financial Advisors LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF during the second quarter worth approximately $199,000. Finally, Accel Wealth Management acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at $204,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 2.2 %

AIRR stock opened at $71.08 on Friday. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. The business has a fifty day simple moving average of $70.51 and a 200-day simple moving average of $68.29. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $46.71 and a 52 week high of $75.92.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.0333 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.13 annualized dividend and a yield of 0.19%.

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.