JBR Co Financial Management Inc Raises Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

JBR Co Financial Management Inc grew its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 75.0% during the 4th quarter, Holdings Channel reports. The fund owned 16,576 shares of the company’s stock after buying an additional 7,105 shares during the quarter. JBR Co Financial Management Inc’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,277,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in AIRR. Morse Asset Management Inc purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $25,000. Farther Finance Advisors LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $26,000. Howe & Rusling Inc. purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $40,000. Stonebridge Financial Group LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $45,000. Finally, Archer Investment Corp acquired a new position in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $58,000.

First Trust RBA American Industrial Renaissance ETF Trading Down 3.1 %

Shares of AIRR opened at $73.11 on Friday. The stock has a market cap of $3.20 billion, a P/E ratio of 23.16 and a beta of 1.25. The company has a 50-day moving average of $78.94 and a two-hundred day moving average of $77.25. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.27 and a 12-month high of $86.95.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.0561 per share. 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.