Southland Equity Partners LLC Purchases 1,491 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Southland Equity Partners LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 49.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,523 shares of the company’s stock after buying an additional 1,491 shares during the quarter. Southland Equity Partners LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $348,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AIRR. RFG Advisory LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 95.5% during the fourth quarter. RFG Advisory LLC now owns 69,100 shares of the company’s stock valued at $5,323,000 after purchasing an additional 33,753 shares in the last quarter. Secure Asset Management LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at about $728,000. Mutual Advisors LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 7.2% during the fourth quarter. Mutual Advisors LLC now owns 27,273 shares of the company’s stock valued at $2,232,000 after purchasing an additional 1,837 shares in the last quarter. Independent Wealth Network Inc. boosted its position in First Trust RBA American Industrial Renaissance ETF by 40.1% during the fourth quarter. Independent Wealth Network Inc. now owns 6,025 shares of the company’s stock valued at $464,000 after purchasing an additional 1,724 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in First Trust RBA American Industrial Renaissance ETF by 77.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 65,381 shares of the company’s stock valued at $5,037,000 after purchasing an additional 28,637 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $83.77 on Friday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $54.47 and a 1-year high of $86.95. The stock’s 50-day moving average is $81.33 and its 200 day moving average is $76.14. The company has a market cap of $3.43 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

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