Prosperity Financial Group Inc. Has $4.07 Million Stock Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Prosperity Financial Group Inc. grew its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 5.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,014 shares of the company’s stock after buying an additional 2,537 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up 1.7% of Prosperity Financial Group Inc.’s portfolio, making the stock its 13th largest position. Prosperity Financial Group Inc. owned 0.10% of First Trust RBA American Industrial Renaissance ETF worth $4,071,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF by 26.4% in the first quarter. LPL Financial LLC now owns 3,354,942 shares of the company’s stock valued at $228,841,000 after buying an additional 700,521 shares in the last quarter. Royal Bank of Canada boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 29.1% in the first quarter. Royal Bank of Canada now owns 802,079 shares of the company’s stock valued at $54,710,000 after acquiring an additional 180,581 shares during the last quarter. Parcion Private Wealth LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 53.8% in the second quarter. Parcion Private Wealth LLC now owns 653,750 shares of the company’s stock valued at $53,215,000 after acquiring an additional 228,754 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 21.5% in the first quarter. Kestra Advisory Services LLC now owns 489,553 shares of the company’s stock valued at $33,392,000 after acquiring an additional 86,675 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 48.4% in the first quarter. Commonwealth Equity Services LLC now owns 406,770 shares of the company’s stock valued at $27,746,000 after acquiring an additional 132,678 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 3.1%

First Trust RBA American Industrial Renaissance ETF stock opened at $95.07 on Thursday. The business’s 50-day simple moving average is $93.99 and its 200 day simple moving average is $83.50. The stock has a market cap of $5.73 billion, a price-to-earnings ratio of 21.40 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $59.22 and a 12-month high of $99.85.

First Trust RBA American Industrial Renaissance ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.0141 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.06 annualized dividend and a yield of 0.1%.

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.