Concourse Financial Group Securities Inc. Increases Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Concourse Financial Group Securities Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 157.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,014 shares of the company’s stock after purchasing an additional 1,233 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $150,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in AIRR. Pinnacle Bancorp Inc. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at about $27,000. Carolinas Wealth Consulting LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $29,000. Register Financial Advisors LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $199,000. Accel Wealth Management acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $204,000. Finally, Renaissance Technologies LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $205,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.6 %

First Trust RBA American Industrial Renaissance ETF stock opened at $77.22 on Friday. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $46.71 and a 52-week high of $78.00. The company’s 50 day moving average is $72.51 and its two-hundred day moving average is $70.03. The firm has a market cap of $1.81 billion, a PE ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.0419 dividend. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.22%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, September 26th.

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.