Redhawk Wealth Advisors Inc. Takes $685,000 Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Redhawk Wealth Advisors Inc. acquired a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,971 shares of the company’s stock, valued at approximately $685,000.

A number of other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after purchasing an additional 1,036,237 shares during the period. Daymark Wealth Partners LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 19.5% in the 4th quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock worth $7,313,000 after purchasing an additional 12,127 shares during the period. Comprehensive Wealth Management LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 36.8% in the 3rd quarter. Comprehensive Wealth Management LLC now owns 73,274 shares of the company’s stock worth $7,084,000 after purchasing an additional 19,714 shares during the period. JBR Co Financial Management Inc boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 19.3% in the third quarter. JBR Co Financial Management Inc now owns 31,806 shares of the company’s stock worth $3,075,000 after buying an additional 5,154 shares during the last quarter. Finally, Sage Private Wealth Group LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 16.6% during the third quarter. Sage Private Wealth Group LLC now owns 194,528 shares of the company’s stock valued at $18,807,000 after buying an additional 27,725 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR opened at $109.77 on Monday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $59.22 and a 1-year high of $123.54. The company has a market capitalization of $7.65 billion, a PE ratio of 21.40 and a beta of 1.29. The firm’s 50 day simple moving average is $114.64 and its two-hundred day simple moving average is $104.28.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be issued a $0.0668 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.