PKS Advisory Services LLC Invests $661,000 in First Trust RBA American Industrial Renaissance ETF $AIRR

PKS Advisory Services LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,125 shares of the company’s stock, valued at approximately $661,000.

A number of other large investors have also added to or reduced their stakes in the stock. TD Capital Management LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at $27,000. Capital Analysts LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 53.2% in the first quarter. Capital Analysts LLC now owns 409 shares of the company’s stock worth $28,000 after purchasing an additional 142 shares during the period. North Star Investment Management Corp. bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the second quarter worth $41,000. IFP Advisors Inc raised its stake in First Trust RBA American Industrial Renaissance ETF by 46.6% in the first quarter. IFP Advisors Inc now owns 1,116 shares of the company’s stock valued at $76,000 after purchasing an additional 355 shares in the last quarter. Finally, Bank of Montreal Can acquired a new position in First Trust RBA American Industrial Renaissance ETF in the second quarter valued at about $100,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.8%

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $93.29 on Thursday. The company has a market capitalization of $5.73 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $101.70. The firm’s 50-day moving average price is $96.47 and its two-hundred day moving average price is $87.90.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.0141 per share. The ex-dividend date was Thursday, September 25th. This represents a $0.06 annualized dividend and a dividend yield of 0.1%.

First Trust RBA American Industrial Renaissance ETF Company 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.