SPC Financial Inc. Purchases 3,148 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

SPC Financial Inc. raised its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.6% during the second quarter, HoldingsChannel reports. The fund owned 71,631 shares of the company’s stock after acquiring an additional 3,148 shares during the quarter. SPC Financial Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $5,831,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of AIRR. GAMMA Investing LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 6,720.8% during the first quarter. GAMMA Investing LLC now owns 19,644 shares of the company’s stock valued at $1,340,000 after acquiring an additional 19,356 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 55.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 55,213 shares of the company’s stock valued at $3,766,000 after acquiring an additional 19,699 shares during the last quarter. Tcfg Wealth Management LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 109.9% during the first quarter. Tcfg Wealth Management LLC now owns 12,981 shares of the company’s stock valued at $885,000 after acquiring an additional 6,796 shares during the last quarter. Pacific Sun Financial Corp bought a new position in First Trust RBA American Industrial Renaissance ETF during the first quarter valued at $227,000. Finally, Fortis Advisors LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 5.4% during the first quarter. Fortis Advisors LLC now owns 56,534 shares of the company’s stock valued at $3,856,000 after acquiring an additional 2,913 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 3.3%

AIRR stock opened at $94.09 on Friday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $99.85. The stock has a market capitalization of $5.50 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25. The firm’s fifty day simple moving average is $92.73 and its two-hundred day simple moving average is $81.99.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.0141 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.1%.

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.