Redhawk Wealth Advisors Inc. Makes New Investment 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) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,971 shares of the company’s stock, valued at approximately $685,000.

A number of other large investors have also recently made changes to their positions in AIRR. Spire Wealth Management increased its holdings in First Trust RBA American Industrial Renaissance ETF by 16.7% in the 4th quarter. Spire Wealth Management now owns 44,678 shares of the company’s stock worth $4,393,000 after acquiring an additional 6,392 shares in the last quarter. Quad Cities Investment Group LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 5.0% in the fourth quarter. Quad Cities Investment Group LLC now owns 9,356 shares of the company’s stock worth $920,000 after purchasing an additional 442 shares during the period. Mirador Capital Partners LP boosted its position in shares of First Trust RBA American Industrial Renaissance ETF by 23.1% in the fourth quarter. Mirador Capital Partners LP now owns 9,795 shares of the company’s stock worth $963,000 after purchasing an additional 1,836 shares during the period. Crumly & Associates Inc. increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 5.4% in the fourth quarter. Crumly & Associates Inc. now owns 107,724 shares of the company’s stock worth $10,591,000 after purchasing an additional 5,561 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 30.9% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 38,293 shares of the company’s stock worth $3,765,000 after purchasing an additional 9,038 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $109.77 on Monday. The company has a market capitalization of $7.65 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a one year low of $59.22 and a one year high of $123.54. The company’s fifty day moving average price is $114.64 and its 200-day moving average price is $104.28.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.