Essex Financial Services Inc. Takes Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Essex Financial Services Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,675 shares of the company’s stock, valued at approximately $270,000.

Several other hedge funds have also recently made changes to their positions in AIRR. Commonwealth Equity Services LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 15.9% during the third quarter. Commonwealth Equity Services LLC now owns 172,242 shares of the company’s stock valued at $8,874,000 after purchasing an additional 23,664 shares during the last quarter. Raymond James & Associates increased its holdings in First Trust RBA American Industrial Renaissance ETF by 7.4% during the third quarter. Raymond James & Associates now owns 261,025 shares of the company’s stock valued at $13,448,000 after buying an additional 17,998 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 20.5% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 674,717 shares of the company’s stock valued at $34,761,000 after buying an additional 114,833 shares during the last quarter. Stratos Wealth Partners LTD. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 25.1% during the third quarter. Stratos Wealth Partners LTD. now owns 4,954 shares of the company’s stock valued at $255,000 after buying an additional 993 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 46.9% during the third quarter. Concourse Financial Group Securities Inc. now owns 814 shares of the company’s stock valued at $42,000 after buying an additional 260 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 2.1 %

Shares of AIRR stock opened at $66.38 on Friday. First Trust RBA American Industrial Renaissance ETF has a 12 month low of $44.17 and a 12 month high of $67.74. The stock has a market cap of $922.68 million, a P/E ratio of 21.23 and a beta of 1.25. The company has a 50 day simple moving average of $64.45 and a two-hundred day simple moving average of $57.68.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.0096 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.04 dividend on an annualized basis and a yield of 0.06%.

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.