Peddock Capital Advisors LLC Purchases New Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Peddock Capital Advisors LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,852 shares of the company’s stock, valued at approximately $990,000.

Several other hedge funds also recently made changes to their positions in AIRR. International Assets Investment Management LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 12,150.6% in the third quarter. International Assets Investment Management LLC now owns 701,961 shares of the company’s stock valued at $52,415,000 after buying an additional 696,231 shares during the last quarter. LPL Financial LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 22.7% during the 3rd quarter. LPL Financial LLC now owns 1,859,927 shares of the company’s stock worth $138,881,000 after purchasing an additional 343,844 shares during the period. Raymond James & Associates increased its stake in First Trust RBA American Industrial Renaissance ETF by 82.6% in the third quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock valued at $45,797,000 after purchasing an additional 277,507 shares during the period. Nwam LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at $6,394,000. Finally, Pictet North America Advisors SA raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 56.1% in the third quarter. Pictet North America Advisors SA now owns 166,166 shares of the company’s stock valued at $12,408,000 after buying an additional 59,746 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 1.0 %

Shares of NASDAQ AIRR traded up $0.75 during midday trading on Monday, reaching $77.34. 607,703 shares of the company were exchanged, compared to its average volume of 589,857. The stock has a market cap of $2.98 billion, a P/E ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $53.29 and a 1 year high of $86.95. The stock has a fifty day simple moving average of $81.42 and a 200 day simple moving average of $75.36.

First Trust RBA American Industrial Renaissance ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid 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.