SPC Financial Inc. Grows Position in First Trust RBA American Industrial Renaissance ETF $AIRR

SPC Financial Inc. lifted its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 4.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,631 shares of the company’s stock after buying an additional 3,148 shares during the quarter. SPC Financial Inc. owned approximately 0.14% of First Trust RBA American Industrial Renaissance ETF worth $5,831,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Capital Analysts LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% in the first quarter. Capital Analysts LLC now owns 409 shares of the company’s stock worth $28,000 after buying an additional 142 shares in the last quarter. Global View Capital Management LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.5% in the first quarter. Global View Capital Management LLC now owns 10,145 shares of the company’s stock worth $692,000 after buying an additional 154 shares in the last quarter. Condor Capital Management raised its stake in First Trust RBA American Industrial Renaissance ETF by 3.9% during the first quarter. Condor Capital Management now owns 4,213 shares of the company’s stock valued at $287,000 after purchasing an additional 160 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. raised its stake in First Trust RBA American Industrial Renaissance ETF by 6.1% during the second quarter. Comprehensive Financial Consultants Institutional Inc. now owns 3,941 shares of the company’s stock valued at $321,000 after purchasing an additional 226 shares in the last quarter. Finally, Independent Wealth Network Inc. raised its stake in First Trust RBA American Industrial Renaissance ETF by 4.9% during the second quarter. Independent Wealth Network Inc. now owns 5,178 shares of the company’s stock valued at $422,000 after purchasing an additional 240 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 3.3%

First Trust RBA American Industrial Renaissance ETF stock opened at $94.09 on Friday. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25. The firm’s fifty day moving average is $92.73 and its 200 day moving average is $81.99. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $59.22 and a 52-week high of $99.85.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a dividend of $0.0141 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.06 dividend on an annualized basis and a 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.