Pictet North America Advisors SA Grows Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Pictet North America Advisors SA increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 56.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 260,420 shares of the company’s stock after buying an additional 94,254 shares during the period. First Trust RBA American Industrial Renaissance ETF comprises approximately 1.9% of Pictet North America Advisors SA’s investment portfolio, making the stock its 14th largest holding. Pictet North America Advisors SA owned approximately 0.61% of First Trust RBA American Industrial Renaissance ETF worth $20,063,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Jane Street Group LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 184.3% during the 3rd quarter. Jane Street Group LLC now owns 30,051 shares of the company’s stock valued at $2,244,000 after acquiring an additional 19,481 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth about $26,000. Janney Montgomery Scott LLC raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 6.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 36,744 shares of the company’s stock worth $2,744,000 after acquiring an additional 2,090 shares in the last quarter. Concourse Financial Group Securities Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 157.9% during the third quarter. Concourse Financial Group Securities Inc. now owns 2,014 shares of the company’s stock worth $150,000 after buying an additional 1,233 shares during the period. Finally, FMR LLC increased its position in First Trust RBA American Industrial Renaissance ETF by 62.5% during the third quarter. FMR LLC now owns 2,705 shares of the company’s stock worth $202,000 after buying an additional 1,040 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 0.6 %

NASDAQ:AIRR opened at $77.27 on Friday. The firm has a market cap of $3.38 billion, a P/E ratio of 23.16 and a beta of 1.25. The stock’s 50 day simple moving average is $79.77 and its 200-day simple moving average is $76.99. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $58.99 and a 12-month high of $86.95.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The company also recently announced 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 was Friday, December 13th.

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.