Elmwood Wealth Management Inc. Makes New Investment in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Elmwood Wealth Management Inc. purchased a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, HoldingsChannel reports. The fund purchased 23,805 shares of the company’s stock, valued at approximately $1,834,000.

Several other institutional investors have also modified their holdings of the business. Morse Asset Management Inc acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth $25,000. Farther Finance Advisors LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth $26,000. Carolinas Wealth Consulting LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter worth $29,000. Howe & Rusling Inc. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth $40,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth $118,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.5 %

Shares of AIRR stock traded up $0.41 on Monday, reaching $77.00. 468,860 shares of the stock were exchanged, compared to its average volume of 568,270. The business’s 50 day moving average price is $81.42 and its 200 day moving average price is $75.36. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $53.29 and a twelve month high of $86.95.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The business 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.