Precedent Wealth Partners LLC Makes New $2.14 Million Investment in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Precedent Wealth Partners LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, HoldingsChannel.com reports. The fund bought 27,743 shares of the company’s stock, valued at approximately $2,137,000.

Several other hedge funds also recently bought and sold shares of the stock. Jane Street Group LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 184.3% in the 3rd quarter. Jane Street Group LLC now owns 30,051 shares of the company’s stock valued at $2,244,000 after purchasing an additional 19,481 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth $26,000. Janney Montgomery Scott LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 6.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 36,744 shares of the company’s stock worth $2,744,000 after purchasing an additional 2,090 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 157.9% in the third 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 in the last quarter. Finally, FMR LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 62.5% during the 3rd quarter. FMR LLC now owns 2,705 shares of the company’s stock worth $202,000 after purchasing an additional 1,040 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $83.22 on Friday. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $54.90 and a 12 month high of $86.95. The company has a 50-day moving average of $81.36 and a 200-day moving average of $76.32. The company has a market cap of $3.46 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The business also recently announced 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 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.