Concurrent Investment Advisors LLC Buys 40,536 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Concurrent Investment Advisors LLC raised its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 151.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,225 shares of the company’s stock after purchasing an additional 40,536 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.15% of First Trust RBA American Industrial Renaissance ETF worth $5,179,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its stake in First Trust RBA American Industrial Renaissance ETF by 22.7% in the third quarter. LPL Financial LLC now owns 1,859,927 shares of the company’s stock valued at $138,881,000 after buying an additional 343,844 shares during the period. International Assets Investment Management LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12,150.6% during the 3rd quarter. International Assets Investment Management LLC now owns 701,961 shares of the company’s stock worth $52,415,000 after acquiring an additional 696,231 shares during the last quarter. Meitav Investment House Ltd. bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at $26,942,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 12.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 282,793 shares of the company’s stock valued at $21,823,000 after purchasing an additional 31,000 shares during the last quarter. Finally, Pictet North America Advisors SA lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 56.7% during the 4th quarter. Pictet North America Advisors SA now owns 260,420 shares of the company’s stock valued at $20,063,000 after purchasing an additional 94,254 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ:AIRR opened at $75.48 on Friday. The company has a market cap of $3.31 billion, a P/E ratio of 23.16 and a beta of 1.25. The firm’s fifty day moving average price is $79.12 and its two-hundred day moving average price is $77.14. First Trust RBA American Industrial Renaissance ETF has a one year low of $58.99 and a one year high of $86.95.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

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 of this dividend was Friday, December 13th.

First Trust RBA American Industrial Renaissance ETF 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.