Sequent Planning LLC Makes New Investment in First Trust RBA American Industrial Renaissance ETF $AIRR

Sequent Planning LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,995 shares of the company’s stock, valued at approximately $1,081,000.

Other large investors also recently modified their holdings of the company. Hazlett Burt & Watson Inc. lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 200.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after purchasing an additional 240 shares in the last quarter. Park Square Financial Group LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $47,000. CIBC Private Wealth Group LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 107.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after purchasing an additional 260 shares in the last quarter. Main Street Group LTD acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $64,000. Finally, Caldwell Trust Co acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $69,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $127.76 on Monday. The firm has a market cap of $10.18 billion, a P/E ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $74.09 and a twelve month high of $133.50. The firm’s 50 day moving average price is $118.50 and its two-hundred day moving average price is $110.39.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.0668 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.27 annualized dividend and a yield of 0.2%. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.