Oppenheimer & Co. Inc. Boosts Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Oppenheimer & Co. Inc. boosted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 155,164 shares of the company’s stock after purchasing an additional 4,974 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $15,256,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of AIRR. Bank of America Corp DE boosted its position in First Trust RBA American Industrial Renaissance ETF by 17.1% during the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. BNP Paribas Financial Markets boosted its position in First Trust RBA American Industrial Renaissance ETF by 800.0% during the third quarter. BNP Paribas Financial Markets now owns 450,000 shares of the company’s stock worth $43,506,000 after purchasing an additional 400,000 shares in the last quarter. UBS Group AG boosted its position in First Trust RBA American Industrial Renaissance ETF by 9.9% during the fourth quarter. UBS Group AG now owns 2,107,557 shares of the company’s stock worth $207,215,000 after purchasing an additional 189,674 shares in the last quarter. Raymond James Financial Inc. boosted its position in First Trust RBA American Industrial Renaissance ETF by 10.3% during the third quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock worth $175,663,000 after purchasing an additional 170,254 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter worth $13,554,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR opened at $126.89 on Friday. The business’s fifty day moving average is $116.57 and its two-hundred day moving average is $108.17. The company has a market cap of $10.03 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. First Trust RBA American Industrial Renaissance ETF has a one year low of $69.86 and a one year high of $127.07.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0668 per share. The ex-dividend date was Thursday, March 26th. This is a positive change 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%.

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.