Smith Thornton Advisors LLC Invests $1.78 Million in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Smith Thornton Advisors LLC purchased a new position in 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 and Exchange Commission (SEC). The institutional investor purchased 23,144 shares of the company’s stock, valued at approximately $1,783,000. First Trust RBA American Industrial Renaissance ETF accounts for about 1.1% of Smith Thornton Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Smith Thornton Advisors LLC owned about 0.06% of First Trust RBA American Industrial Renaissance ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Great Valley Advisor Group Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.7% in the third quarter. Great Valley Advisor Group Inc. now owns 12,600 shares of the company’s stock worth $941,000 after purchasing an additional 211 shares during the period. D.A. Davidson & CO. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 1.1% in the third quarter. D.A. Davidson & CO. now owns 28,558 shares of the company’s stock worth $2,132,000 after purchasing an additional 318 shares during the period. World Investment Advisors LLC increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 4.1% in the third quarter. World Investment Advisors LLC now owns 8,213 shares of the company’s stock worth $613,000 after purchasing an additional 326 shares during the period. Morse Asset Management Inc purchased a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter worth $25,000. Finally, Farther Finance Advisors LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter worth $26,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.3 %

NASDAQ AIRR opened at $81.23 on Thursday. The company has a 50-day simple moving average of $81.45 and a two-hundred day simple moving average of $75.54. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $53.29 and a 12-month high of $86.95. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

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

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.