Stratos Investment Management LLC Invests $202,000 in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Stratos Investment Management LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,622 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors also recently made changes to their positions in the company. Morse Asset Management Inc purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $25,000. Farther Finance Advisors LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $26,000. Howe & Rusling Inc. purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $40,000. AlphaMark Advisors LLC boosted its position in 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 valued at $116,000 after buying an additional 350 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $118,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.5 %

Shares of AIRR opened at $79.77 on Thursday. The stock has a market capitalization of $3.47 billion, a P/E ratio of 23.16 and a beta of 1.25. The firm has a fifty day simple moving average of $80.51 and a two-hundred day simple moving average of $76.75. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $56.71 and a twelve month high of $86.95.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

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