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

Advisory Services Network LLC grew its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 83.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,312 shares of the company’s stock after purchasing an additional 19,721 shares during the quarter. Advisory Services Network LLC owned approximately 0.10% of First Trust RBA American Industrial Renaissance ETF worth $3,337,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AIRR. Renaissance Technologies LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at $324,000. FIL Ltd raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 2,401.1% during the 4th quarter. FIL Ltd now owns 4,752 shares of the company’s stock worth $367,000 after acquiring an additional 4,562 shares in the last quarter. Concentrum Wealth Management purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth approximately $466,000. Darden Wealth Group Inc boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 58.8% in the fourth quarter. Darden Wealth Group Inc now owns 5,240 shares of the company’s stock valued at $404,000 after purchasing an additional 1,940 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in First Trust RBA American Industrial Renaissance ETF by 36.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 162,565 shares of the company’s stock valued at $12,524,000 after purchasing an additional 43,222 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 3.4 %

Shares of NASDAQ:AIRR opened at $65.92 on Friday. The firm has a 50 day simple moving average of $71.38 and a 200-day simple moving average of $76.73. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $86.95. The company has a market capitalization of $3.01 billion, a PE ratio of 19.74 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.