Strategic Financial Concepts LLC Purchases Shares of 184,787 First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Strategic Financial Concepts LLC purchased 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 Securities and Exchange Commission (SEC). The firm purchased 184,787 shares of the company’s stock, valued at approximately $14,236,000. Strategic Financial Concepts LLC owned approximately 0.44% of First Trust RBA American Industrial Renaissance ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Morse Asset Management Inc acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $25,000. Farther Finance Advisors LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $26,000. Howe & Rusling Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $40,000. AlphaMark Advisors LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 30.4% during the fourth quarter. AlphaMark Advisors LLC now owns 1,500 shares of the company’s stock worth $116,000 after purchasing an additional 350 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $118,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR opened at $79.61 on Friday. The business’s 50-day simple moving average is $80.30 and its 200-day simple moving average is $76.82. First Trust RBA American Industrial Renaissance ETF has a one year low of $57.71 and a one year high of $86.95. The stock has a market capitalization of $3.49 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued 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 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.