SPC Financial Inc. Has $5.12 Million Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

SPC Financial Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 2.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,954 shares of the company’s stock after purchasing an additional 1,876 shares during the period. SPC Financial Inc. owned 0.38% of First Trust RBA American Industrial Renaissance ETF worth $5,120,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Pinnacle Bancorp Inc. bought a new position in First Trust RBA American Industrial Renaissance ETF in the 1st quarter worth $27,000. Carolinas Wealth Consulting LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at $29,000. Concourse Financial Group Securities Inc. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after acquiring an additional 348 shares during the period. Register Financial Advisors LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter valued at about $199,000. Finally, Accel Wealth Management bought a new stake in First Trust RBA American Industrial Renaissance ETF in the second quarter valued at about $204,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.3 %

Shares of AIRR opened at $74.67 on Tuesday. The company has a 50-day moving average price of $71.23 and a two-hundred day moving average price of $69.11. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $46.71 and a 12 month high of $75.92.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0419 per share. This represents a $0.17 annualized dividend and a dividend yield of 0.22%. The ex-dividend date was Thursday, September 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.