Secure Asset Management LLC Buys New Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Secure Asset Management LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 9,453 shares of the company’s stock, valued at approximately $728,000.

Several other hedge funds also recently modified their holdings of the company. Mutual Advisors LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 7.2% during the fourth quarter. Mutual Advisors LLC now owns 27,273 shares of the company’s stock valued at $2,232,000 after buying an additional 1,837 shares during the period. Independent Wealth Network Inc. lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 40.1% during the 4th quarter. Independent Wealth Network Inc. now owns 6,025 shares of the company’s stock worth $464,000 after purchasing an additional 1,724 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 77.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 65,381 shares of the company’s stock worth $5,037,000 after purchasing an additional 28,637 shares during the period. GoalVest Advisory LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 18,391.5% during the fourth quarter. GoalVest Advisory LLC now owns 26,258 shares of the company’s stock worth $2,023,000 after purchasing an additional 26,116 shares during the last quarter. Finally, Daymark Wealth Partners LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at $234,000.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.7 %

NASDAQ AIRR opened at $83.22 on Friday. The business’s 50-day moving average price is $81.36 and its 200 day moving average price is $76.25. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $54.90 and a twelve month high of $86.95. The company has a market capitalization of $3.40 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

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

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.