SPC Financial Inc. Grows Stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

SPC Financial Inc. boosted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1.9% during the third quarter, HoldingsChannel reports. The fund owned 76,411 shares of the company’s stock after buying an additional 1,457 shares during the quarter. SPC Financial Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $5,706,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of AIRR. PCG Wealth Advisors LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.3% during the 3rd quarter. PCG Wealth Advisors LLC now owns 48,142 shares of the company’s stock valued at $3,595,000 after purchasing an additional 1,991 shares during the last quarter. AFG Fiduciary Services Limited Partnership bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at about $268,000. ORG Partners LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $194,000. VitalStone Financial LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 12.1% in the third quarter. VitalStone Financial LLC now owns 9,508 shares of the company’s stock worth $710,000 after purchasing an additional 1,030 shares during the period. Finally, Willner & Heller LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth about $216,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.9 %

First Trust RBA American Industrial Renaissance ETF stock opened at $77.72 on Thursday. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. The business’s fifty day simple moving average is $72.15 and its two-hundred day simple moving average is $69.91. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $46.71 and a 12 month high of $77.82.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.0419 dividend. The ex-dividend date was Thursday, September 26th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.22%.

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.