First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Purchased by Advisory Services Network LLC

Advisory Services Network LLC raised its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 83.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 43,312 shares of the company’s stock after acquiring an additional 19,721 shares during the quarter. Advisory Services Network LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $3,337,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Morse Asset Management Inc acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $25,000. Stonebridge Financial Group LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth $45,000. SBI Securities Co. Ltd. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at $53,000. Archer Investment Corp bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at about $58,000. Finally, Private Trust Co. NA lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 800.0% in the fourth quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $69,000 after purchasing an additional 800 shares during the period.

First Trust RBA American Industrial Renaissance ETF Trading Down 3.4 %

First Trust RBA American Industrial Renaissance ETF stock opened at $65.92 on Friday. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $86.95. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 19.74 and a beta of 1.25. The company’s 50-day moving average price is $71.38 and its two-hundred day moving average price is $76.73.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

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.