Principal Securities Inc. Grows Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Principal Securities Inc. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 16.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,481 shares of the company’s stock after purchasing an additional 779 shares during the period. Principal Securities Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $422,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. International Assets Investment Management LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 12,150.6% in the 3rd quarter. International Assets Investment Management LLC now owns 701,961 shares of the company’s stock worth $52,415,000 after buying an additional 696,231 shares during the period. LPL Financial LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 22.7% during the third quarter. LPL Financial LLC now owns 1,859,927 shares of the company’s stock worth $138,881,000 after acquiring an additional 343,844 shares during the last quarter. Redhawk Wealth Advisors Inc. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth about $16,758,000. Strategic Financial Concepts LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at about $14,236,000. Finally, WESPAC Advisors SoCal LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth about $9,397,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR opened at $73.11 on Friday. The company has a market cap of $3.20 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 $59.27 and a 1 year high of $86.95. The firm has a 50 day moving average price of $78.94 and a 200 day moving average price of $77.25.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.0561 dividend. The ex-dividend date of this dividend 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.