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

Essex Financial Services Inc. raised its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 39.9% in the fourth quarter, Holdings Channel reports. The fund owned 18,871 shares of the company’s stock after buying an additional 5,378 shares during the period. Essex Financial Services Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,454,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AIRR. Morse Asset Management Inc purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at about $25,000. Farther Finance Advisors LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at approximately $26,000. Howe & Rusling Inc. purchased a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at approximately $40,000. Archer Investment Corp acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth approximately $58,000. Finally, AlphaMark Advisors LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 30.4% during the 4th quarter. AlphaMark Advisors LLC now owns 1,500 shares of the company’s stock worth $116,000 after buying an additional 350 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.6 %

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $79.50 on Wednesday. The company has a fifty day simple moving average of $80.08 and a 200-day simple moving average of $76.98. The stock has a market cap of $3.48 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 $58.15 and a 12-month high of $86.95.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.0561 dividend. The ex-dividend date was Friday, December 13th.

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.