Park Avenue Securities LLC Purchases Shares of 16,573 First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Park Avenue Securities LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, Holdings Channel reports. The fund acquired 16,573 shares of the company’s stock, valued at approximately $1,277,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Morse Asset Management Inc acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $25,000. Farther Finance Advisors LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter valued at about $26,000. Howe & Rusling Inc. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter worth about $40,000. 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. Finally, Concourse Financial Group Securities Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF by 157.9% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,014 shares of the company’s stock valued at $150,000 after acquiring an additional 1,233 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $82.18 on Monday. The firm has a fifty day moving average price of $81.37 and a 200 day moving average price of $75.81. The stock has a market cap of $3.21 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $53.56 and a 1 year high of $86.95.

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 given a dividend of $0.0561 per share. The ex-dividend date was Friday, December 13th.

About First Trust RBA American Industrial Renaissance ETF

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.