Concurrent Investment Advisors LLC Buys 20,753 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Concurrent Investment Advisors LLC boosted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 106.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,283 shares of the company’s stock after purchasing an additional 20,753 shares during the period. Concurrent Investment Advisors LLC owned about 0.07% of First Trust RBA American Industrial Renaissance ETF worth $3,895,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the company. Armstrong Advisory Group Inc. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $33,000. North Star Investment Management Corp. bought a new stake in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at about $41,000. Twin Peaks Wealth Advisors LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter valued at about $91,000. Bank of Montreal Can bought a new position in First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $100,000. Finally, Private Trust Co. NA increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 128.1% in the third quarter. Private Trust Co. NA now owns 1,357 shares of the company’s stock worth $131,000 after purchasing an additional 762 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $109.69 on Thursday. The firm has a market cap of $7.47 billion, a P/E ratio of 21.40 and a beta of 1.29. The company’s 50 day moving average is $99.64 and its 200-day moving average is $94.46. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $110.21.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.0276 per share. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. This represents a $0.11 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, December 12th.

First Trust RBA American Industrial Renaissance ETF Company 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.