Summit Wealth Group LLC Co. Invests $484,000 in First Trust RBA American Industrial Renaissance ETF $AIRR

Summit Wealth Group LLC Co. bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRRFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,920 shares of the company’s stock, valued at approximately $484,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AIRR. Fearless Solutions LLC dba Best Invest lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 51.6% in the fourth quarter. Fearless Solutions LLC dba Best Invest now owns 22,018 shares of the company’s stock worth $2,165,000 after buying an additional 7,490 shares during the period. Bank of America Corp DE lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 17.1% in the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after buying an additional 1,036,237 shares during the period. Daymark Wealth Partners LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 19.5% in the fourth quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock worth $7,313,000 after buying an additional 12,127 shares during the period. Sage Private Wealth Group LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 16.6% in the third quarter. Sage Private Wealth Group LLC now owns 194,528 shares of the company’s stock worth $18,807,000 after buying an additional 27,725 shares during the period. Finally, Cambridge Advisors Inc. lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 64.6% in the fourth quarter. Cambridge Advisors Inc. now owns 15,149 shares of the company’s stock worth $1,489,000 after buying an additional 5,944 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR opened at $129.48 on Thursday. First Trust RBA American Industrial Renaissance ETF has a one year low of $74.09 and a one year high of $133.50. The company has a 50-day simple moving average of $118.02 and a two-hundred day simple moving average of $109.97. The firm has a market capitalization of $10.32 billion, a PE ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.0668 per share. The ex-dividend date was Thursday, March 26th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.27 annualized dividend and a dividend yield of 0.2%.

First Trust RBA American Industrial Renaissance ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

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